Income Tax Refund Status Online 2017-18
Any tax payer will get refund if he/she has paid tax more than his/her tax liability.For example if a tax payer has paid 20,000 Rs in financial year 2016-17,but his/her tax liability was Rs 15,000.
Then in this case he/she will get Rs 5000 as refund.Now tax payer will get refund if he/she follows these points:
- Tax payer must not have any online pending demand.If it is so then refund is not possible.
- if tax payer files income tax return online,then refund will be processed very quickly.
- you must include your income from FD interest while filing your ITR. otherwise demand in terms of FD interest will not process your refund.
- you must file your income tax return with in due date.But you can also get refund even after filing return after due date.
How To Check Income Tax Refund Status Online?
Income Tax Department provides an online facility for tracking your tax refund and its status through online portal.
First of all you must file your income tax return online.Then verify it online.
After verification of your ITR online you will get your tax refund very quickly.
Finally to check your refund status online,visit the website https://tin.tin.nsdl.com/oltas/refundstatuslogin.html
When you open this link,fill up all the fields like your PAN number and assessment year.You will get this status.
1 refund has been determined:
If your bank details and tax liabilities fully match with income tax department,refund will directly credit to your bank account.
2 refund has been cancel:
If you have wrongly provided your bank account then you will get this status.So always provide correct detail.Nevertheless you can file a refund re-issue request online by visiting and logging in here https://www.incometaxindiaefiling.gov.in/e-Filing/UserLogin/LoginHome.html
for this you must have CPC communication number and Refund sequence number already mail to you.
3 Refund adjusted with your outstanding tax:
This status tell you that you had past outstanding tax demands,so your refund adjusted with your tax demands.
Conclusion: Finally you must file income tax return online and you must not have any tax demand and tax liability.