Income Tax Refund Status: Check ITR Refund Status

An income tax refund status refers to the current position or stage of the processing of your income tax refund by the Income Tax Department of the Government of India. It allows you to monitor the progress of your refund claims, ensuring that any excess tax paid to the government is returned in a timely manner. Understanding the status of your income tax refund helps you stay informed about the processing of your claim and ensures a hassle-free financial experience.

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What is an Income Tax Refund?

An income tax refund in India is a sum of money that the government pays back to you if you have overpaid your income tax. This can happen for a number of reasons, such as:

  • You made tax deductions for which you are eligible but did not claim on your Income Tax Return (ITR).

  • You have paid more tax than you actually owed due to a mistake on your ITR or an error by the tax authorities.

  • You have overpaid tax on certain types of income, such as interest income or dividend income.

Formula for Income Tax Refund:

Income Tax Refund = Income Tax Paid

Through various methods (e.g. Advance Tax, Tax Deducted at Source (TDS), Tax Collected at Source (TCS) or Self-Assessment Tax) – Total Tax Liability on the taxable income of the current year.

To claim an income tax refund, you must file an Income Tax Return (ITR) with the Income Tax Department. The ITR will show your income, deductions, and tax paid for the financial year. If you have overpaid your tax, the tax authorities will issue an income tax refund. After e-verifying your return, the tax department usually initiates the refund within 4-5 weeks.

How to Check Your Income Tax Refund Status for FY 2022-23?

There are two ways to check your income tax refund status for FY 2022-23 (AY 2023-24):

Let us learn about both the methods in the following sections.

Check Income Tax Refund Status on TIN NSDL Portal

Follow the steps mentioned below to check the online tax refund status:

Step 1: Go to the TIN NSDL website

Step 2: Enter your PAN number and assessment year

Step 3: Enter the captcha code

Step 4: Click on "Proceed."

Step 5: Your income tax refund status will be displayed on the screen

Check Income Tax Refund Status on E-Filing Portal

To check your income tax refund status on the e-filing portal, follow these steps:

Step 1: Go to the e-filing portal homepage

Step 2: Enter your user ID and password

Step 3: Go to the e-File tab and select "Income Tax Returns."

Step 4: Click on "View Filed Returns"

Step 5: Now, you can check the refund status for the desired Assessment year.

Step 6: Click on "View Details", and here you can also check the life cycle of filed ITR.

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Steps to Claim Income Tax Refund

To claim an income tax refund in India, you need to follow these three simple steps:

Step 1: File your income tax return (ITR) and ensure that you have declared all of your income and deductions correctly.

Step 2: Check your tax computation carefully before submitting your ITR.

Step 3: Once you finish e-filing your ITR, the website will compute your tax returns. If you have overpaid your income tax, you will be eligible for a refund.

Different Income Tax Refund Status and Their Meanings

Let us have a look at the various statuses and their meanings while checking your tax refund status from the table mentioned below:

Status Meaning
No Result found Unable to check the filing status and e-verification for the provided PAN and Acknowledgement numbers. Please verify the correctness of the entered details.
Refund is already credited to your bank Refunds have been processed and credited to your Bank Account.
Refund cheque has already been encashed Income tax refund process is complete, and it has been credited to your Bank Account and encashed.
Refund Not Determined No refund has been determined after processing your Income Tax Return.
Unable to credit refund due to incorrect account The provided account number is incorrect. Please apply for a refund re-issue with the correct account number to claim your refund.
Defective return u/s 139(9) or incomplete ITR Your return may have been treated as a defective return. Check your income tax website account for details.
ITR Processed but need to submit rectification Mismatch in the calculation between the department and your filed ITR. You may receive an intimation from the department via email.
Return submitted, Processing rights transferred Your return will be processed by your Jurisdictional Assessing Officer (AO). Contact AO for more details.
Pending for e-verification Your return has been successfully submitted but not e-verified, which is necessary for processing by the income tax department. Verify within 30 days from the filing date.
Processed with no demand/refund Your return has been processed without any additional tax payable or refund due. Check the details from the intimation received under section 143(1) in your email.
Processed with demand due The Income Tax department has assessed your income, and a tax payable amount has been determined. Check the details from the intimation received under section 143(1) in your email.
Processed with a refund due Your refund claim has been forwarded to the refund banker for processing. Wait for the refund to be credited to the bank account provided during filing.
Refund failure The income tax department has sent a refund, but your bank details are incorrect. Place a refund re-issue request under "My Account" > Service > "Refund re-issue request" with the failure reason.
E-Return has been digitally Signed Your return has been filed successfully and digitally signed.
Under Processing Your Income-tax Return is still not processed but is under process. If you have e-verified or sent your signed ITR V by post, it will be processed by the department soon.
Refund issued or Reissued Your return and refund have been processed, and the refund has been credited to your bank account. No further action is needed.
Invalid original return, File Revised Return Your return has been treated as invalid. You need to file your return again.
Return Processed, Rectification Rights Transferred Your return has been processed, but for rectification, contact your Assessing Officer, as the rectification rights have been transferred.
Return Processed, Refund Adjusted If any previous amount is outstanding, the department will adjust it with the current year's refund, and an intimation under section 245 will be issued. Respond accordingly.
ITR Accepted Your ITR has been successfully received at CPC Bangalore and is pending for processing.
ITR-V rejected Your return may have been treated as a defective Return.
Return Submitted and verified after the due date Your ITR-V was received after the due date. File your return again.
Successfully e-Verified after the due date Your condonation request for E-verification was received after the due date. Your ITR is treated as invalid until it's approved by the department.
Rectification processed with a refund due Your rectification request has been processed, and a refund is generated.
Rectification processed with no demand/refund Your rectification request has been processed with no demand/refund due.
Processed and partially refunded adjusted If any previous year's demand is outstanding, the department may adjust it with the current year's refund. Respond to the section 245 notice accordingly.
Under processing, the Original return is not considered A revised return is under processing, replacing the original ITR.
Another Return filed You've filed another return. Check the status using the latest acknowledgement number.
Refund Re-issue failure Your refund re-issue request has failed due to incorrect details. Submit a new refund re-issue request.
Rectification filed Your rectification request has been filed and is under process.
First, verify your Income Tax Return Track the status of your income tax refund with the department. If you haven't received your refund, it could be due to a problem with your bank account or address details. In such a situation, make a "refund re-issue" request after receiving an "Intimation."

FAQ's

  • Can I Claim Income Tax Refund if I Missed my ITR Filing Deadline?

    Yes, you can claim an income tax refund even if you missed your ITR filing deadline. You can file a belated ITR and claim a refund, but you will have to pay a late filing fee. The late filing fee is Rs. 1,000 if your annual income is less than Rs. 5 lakhs and Rs. 5,000 if your annual income is Rs. 5 lakhs or more.
  • How Long Does it Take to Get an Income Tax Refund?

    The time it takes to get an income tax refund in India varies depending on a number of factors, such as the complexity of your tax return and the workload of the tax authorities. However, most refunds are processed within 60-90 days of filing your ITR.
  • How Will I Get the Income Tax Refund?

    You will receive your income tax refund in India in one of the following ways:
    • Direct Credit to Bank Account: If you have e-filed your ITR, your refund will be credited directly to your bank account within 3-5 business days of the refund being issued.

    • Refund Cheque: If you have filed your ITR offline, you will receive a refund cheque by mail. You can expect to receive the cheque within 10-15 business days of the cheque being issued.

  • How to Calculate the Interest on Income Tax Refund?

    The interest rate on income tax refunds is set by the Income Tax Department. The current interest rate on income tax refunds is 0.5% per month.

    To calculate the interest on an income tax refund in India, you will need to know the following:

    • The amount of the refund

    • The date of the refund

    • The interest rate

    To calculate the interest on your income tax refund, you can use the following formula:

    Interest = Refund amount * Interest rate * (Date of refund - Date of filing) / 365

  • Is the Tax Refund Taxable?

    No, income tax refund is not taxable in India. This is because the refund is simply a repayment of tax that you have already paid.
  • What is the helpline for Income Tax Refund Queries?

    The helpline for income tax refund queries in India is 1800-180-1961. This is a toll-free number that you can call from anywhere in India. The helpline is open Monday through Saturday from 10:00 AM to 6:00 PM.
  • If my income tax refund has been delayed, will there be any compensation for me?

    Yes, if your income tax refund has been delayed by more than 60 days, you may be eligible for compensation from the Income Tax Department. The compensation is in the form of interest on the amount of your refund.
  • What is the difference between an income tax return and a refund?

    An income tax return (ITR) is a document that you submit to the Income Tax Department to declare your income and pay taxes. A refund is the amount of tax that you have overpaid.
  • Is the income tax refund TDS refund status the same?

    No, the income tax refund and TDS refund status are different. The income tax refund is the amount of tax that you have overpaid, while the TDS refund is the amount of tax deducted at source (TDS) that you have overpaid. 

    TDS is a tax that is deducted from your salary or other income by your employer or other payer. The payer then remits the TDS to the Income Tax Department on your behalf.

  • How to get a refund from the Income Tax Department?

    To get a refund from the Income Tax Department in India, you need to follow these steps:
    • File your income tax return (ITR). You can file your ITR online or offline.

    • Ensure that you have claimed all of the deductions for which you are eligible. This includes deductions for house rent allowance, leave travel allowance, medical expenses, and education expenses.

    • Check your tax computation carefully before submitting your ITR.

    • If you have overpaid your income tax, you will be eligible for a refund.

    • You can track the status of your refund online using the Income Tax Department's e-filing portal.

  • What are the reasons for the Income Tax Refund delay?

    There are a number of reasons why your income tax refund may be delayed. Some of the most common reasons include:
    • Errors in your income tax return (ITR)

    • Missing supporting documents

    • Investigation by the Income Tax Department

    • Outstanding tax liability

    • A high volume of ITRs with the Income Tax Department

    • Technical problems with the Income Tax Department's e-filing system

    • Bank account verification issues

    • Incorrect bank account information provided in the ITR

    • Delayed mailing of refund cheques

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
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