As the tax season ended, many taxpayers have gotten their income tax refunds, while others are still waiting. With the filing deadline over, it's essential to monitor the status of your refund to verify that everything is running well. This procedure has been simplified by the Income Tax Department's user-friendly web interface which allows you to quickly track the progress of your refund.
Refunds are frequently addressed within a few weeks to a couple of months following completing your return. The actual timing may differ based on the volume of returns and the accuracy of the information provided.
Steps to Check Your Income Tax Refund Status
To track your refund status, follow these detailed steps:
1. Visit the e-filing Portal: Start by navigating to the official e-filing portal of the Income Tax Department. This portal serves as your primary resource for handling all tax-related activities including monitoring the status of your refunds.
2. Log In to Your Account: To access your account enter your user ID and password below. Once you log in, you will be forwarded to your dashboard, where you may manage your tax filings and monitor the status of your refund.
3. Link PAN with Aadhaar: If your PAN is not connected to your Aadhaar, a message may display saying that your PAN is inactive. To fix this, click the 'Link Now' option to finish the linkage. If your PAN is already linked, click 'Continue.'
4. Check Your Filed Returns: Once logged in navigate to the e-file page, select Income Tax Returns and click View Filed Returns. It will show the status of your submitted returns and any associated refunds.
5. Select the Assessment Year: Check the status of your refund by selecting the applicable assessment year. To display the most recent fiscal year, select FY24.
These steps will help you keep your financial records current and conveniently track the progress of your income tax refund. Remember to link your PAN to Aadhaar to prevent any interruptions and to receive updates regarding the status of your reimbursement. This streamlined process helps you stay on top of your finances and ensures a smoother tax experience.