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Before 31 December, the ITR filing deadline was 31 July, 2024.
What is ITR?
Income tax correspondence taxpayer has a refund from the Income Tax Department if the total amount paid in taxes is more than the actual amount (either TDS, TCS, Advance Tax or through self-assessment).
Calculation of tax required to pay a person is calculated after considering all discounts and deductions by the IT department at the time of evaluation.
Pre-needs for ITR
- Called User ID and Password.
- PAN is connected to Aadhaar card
- ITR filed refunds claiming.
How to check my income tax refund status
Here is a step-by-step guide to check your IT refund status:
step 1. Open the official e-filing portal of the Income Tax Department.
step 2. On the homepage, log in with your user ID and password.
For individual users, if their pan is not linked to their Aadhaar card, they will see a pop-up message that their pan is inactive to be associated with their Aadhaar.
step 3Once you log in, navigate the e-file section and click on the ‘Income Tax Return’ option.
step 4. Click on the ‘View File Return’ option. Here, you see a refund status for the desired evaluation year.
Users can also click on the ‘View Description’ option to check the life cycle of ITR filed.
Taxpayers can also check the status of their return on the official website of National Securities Depository Limited (NSDL).
On the NSDL website, enter your pan, assessment year and captcha code. It will show if your refund is on your way. This is considered an easy and simple method, especially for those who do not have access to the e-filing portal.
According to the Income Tax Department, “The refund begins only after the tax department’s corresponding processing is e-satisfied by the taxpayer. Usually, the refund takes 4-5 weeks to deposit in the taxpayer’s account. However, however, if this, if this, if this If correspondence is not obtained during the period, the taxpayer should check for information about discrepancies in ITR;
Different types of ITR status:
According to the official website of the IT department, these are different types of ITR status:
- Presented and pending for e-satyapan/verification.
This situation means that the ITR has been filed by the taxpayer, but it is not yet e-satisfied or your duly signed ITR-V has not yet been received in the CPC.
- Successfully e-satyapit/verified.
This means that your presented ITR is duly e-satisfied/verified, but the returns have not been processed yet.
- Processed.
Here, your ITR is successfully processed.
- Faulty
This situation appears when the IT department notices some faults in the returns filed. This may arise due to lack of required information required under law or some anomalies.
In such cases, taxpayers receive notice under Section 139 (9) and they need to fix the defect within a specified time limit from the date of receiving notice. If people fail to respond to the defective return position, their ITR is considered invalid and not taken for processing.
- Case transferred to Assessment Officer
This situation means that CPC has transferred your ITR to your jurisdiction AO. In this, you will be contacted by the concerned officer to provide all the necessary details.
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