Outlook Business Desk
The income tax return filing deadline ended on 16 September. Although most refunds have been processed, some taxpayers are still waiting for their refund from the IT department.
If you filed your income tax return before 16 September, the department pays 0.5% interest per month from 1 April. For late filers, interest starts from the filing date.
To process a tax refund, three conditions must be fulfilled: the taxpayer should have a valid user ID, a PAN linked to Aadhaar and an ITR filed claiming a refund.
The income tax portal mentions that refunds are generally credited within 4–5 weeks. Taxpayers should track this period and ensure all conditions for claiming a refund are properly met.
If your tax refund is delayed, the IT department may sent you emails or notifications about discrepancies in your ITR. Taxpayers should review these carefully to resolve issues quickly.
Refunds can be delayed due to TDS or TCS mismatches, incorrect deductions, wrong allowances claimed, reporting inaccurate income or prior fake deductions triggering stricter IT checks this year.
To check your tax refund, log in to the e-filing portal, go to the e-file tab, select Income Tax Returns and view filed returns for the relevant assessment year.
By clicking “View Details” on the e-filing portal, taxpayers can track the entire life cycle of their filed ITR. This helps understand delays and monitor the refund process closely.