Www.tin-nsdl.com refund status

E-filing of income tax return (ITR) has not only made the process easier, but also reduced the time taken for refunds. This year, the tax department has started the facility of electronic verification of ITR for assessment year (AY) 2015-16 through an electronic verification code (EVC). According to the department’s website, around 3.5 million e-returns for AY 2015-16 have already been verified through EVC. As on 7 September, about 4.5 million returns of AY 2015-16 have been processed, and more than 2.2 million taxpayers have got their refunds. If you are awaiting your tax refunds, you can track its status. If excess income tax has been deducted, you are eligible to claim a refund. This could be because of extra tax deducted at source (TDS) either by your employer or banks. Banks deduct TDS on interest earned on fixed deposits if it exceeds 10,000 a year. For claiming a tax refund, you have to file ITR. If you have missed the deadline of 7 September 2015 for last FY, you can file a belated return. You can do so within a year from the end of the AY in which the return was to be filed. So, for FY2014-15 (i.e., AY2015-16), you can file your ITR by 31 March 2017, and claim the refund of excess taxes paid. WHERE CAN YOU CHECK? You can track the status of your refund on www.incometaxindia.gov.in or www.tin-nsdl.com. Click on “Status of Tax Refunds" tab, enter your permanent account number (PAN) and the AY for which you want to track the refund. The message will show mode of paym...

The status shows the current stage of the filed ITR. Once the ITR has been filed, taxpayers may check if it has been accepted and processed by the Income Tax Department. In certain cases where some discrepancies are found, taxpayers may need to respond to the communication from the department. Hence, it is advisable to periodically check the ITR status.

The status shows the current stage of the filed ITR. Once the ITR has been filed, taxpayers may check if it has been accepted and processed by the Income Tax Department. In certain cases where some discrepancies are found, taxpayers may need to respond to the communication from the department. Hence, it is advisable to periodically check the ITR status.

E-filing of income tax return (ITR) has not only made the process easier, but also reduced the time taken for refunds. This year, the tax department has started the facility of electronic verification of ITR for assessment year (AY) 2015-16 through an electronic verification code (EVC). According to the department’s website, around 3.5 million e-returns for AY 2015-16 have already been verified through EVC. As on 7 September, about 4.5 million returns of AY 2015-16 have been processed, and more than 2.2 million taxpayers have got their refunds. If you are awaiting your tax refunds, you can track its status. If excess income tax has been deducted, you are eligible to claim a refund. This could be because of extra tax deducted at source (TDS) either by your employer or banks. Banks deduct TDS on interest earned on fixed deposits if it exceeds 10,000 a year. For claiming a tax refund, you have to file ITR. If you have missed the deadline of 7 September 2015 for last FY, you can file a belated return. You can do so within a year from the end of the AY in which the return was to be filed. So, for FY2014-15 (i.e., AY2015-16), you can file your ITR by 31 March 2017, and claim the refund of excess taxes paid. WHERE CAN YOU CHECK? You can track the status of your refund on www.incometaxindia.gov.in or www.tin-nsdl.com. Click on “Status of Tax Refunds" tab, enter your permanent account number (PAN) and the AY for which you want to track the refund. The message will show mode of paym...

The status shows the current stage of the filed ITR. Once the ITR has been filed, taxpayers may check if it has been accepted and processed by the Income Tax Department. In certain cases where some discrepancies are found, taxpayers may need to respond to the communication from the department. Hence, it is advisable to periodically check the ITR status.