NSDL Refund Status Check By Pan Card at TIN NSDL [101 Guide]
NSDL Refund Status
Hello, readers, we will discuss regarding NSDL Refund Status here that how you can check it by assessment year and PAn number via NSDL Portal in elementary steps.
Income Tax Refund
An income tax refund is applicable when a taxpayer pays higher taxes when compared to the actual amount.
When Is A Taxpayer Acceptable For Refund?
There are a variety of reasons that can lead to the payment of extra taxes. Reasons are mentioned as below:
- The employer deducts taxes based on the documentary evidence provided by the taxpayer for all his/her investments. If the taxpayer is unable to provide proof for such investments before the end of the assessment year, the employer might go ahead with a higher deduction of the tax amount.
- Some people may not fall under the taxable bracket as their income would be less than Rs.2.5 lakhs. Hence, they do not need to pay any taxes. But sometimes, charges may be deducted from their income. If this happens, then you claim the excess deduction of taxes.
- Sometimes, the taxpayer will have to pay an additional tax amount by the income-tax officer. It may be due to certain additions created in the taxpayer’s income during income tax proceedings. You can appeal to the authorities for the deleting additions. In such cases, the taxpayer’s additional tax will get a refund.
How To Check The Income Tax Refund Status?
Once you have applied for the Income Tax Refund (ITR), the income tax department will have to process it. The status of the Income-tax refund can check in the following ways.
- NSDL website
- Income tax e-filing portal
In this article, let’s discuss how to check the income tax refund status through the TIN NSDL website.
How To Check The Income Tax Refund Status Via TIN NSDL Website?
You can check the status of your refund by performing the following steps:
- Visit the TIN NSDL site.
- A screen appears where you will need to fill in the PAN number, assessment year, and the captcha code. Then click onto the ‘Submit’ option.
- Once you have filed in all the above details, a screen displaying the status of your refund will show.
The status of the refund can be of various types and reveals as below:
Refund Returned: It happens when you have given incorrect bank account details or address details. Sometime, if the delivered address is locked, then the cheque/DD of the refund will get returned.
Processed By Direct Credit Yet Failed: Sometimes the SBI would have directly credited the refund on your account, but it may fail due to any of the following reasons:
- Incorrect account details/Closed accounts
- The account holder may have deceased
- The bank account may be inoperative
- In case of NRI ( Non-resident Indian) account
Processed By NEFT/NCS Yet Failed: It occurs when the refund amount processed by NCS/NEFT fails. In such a case, you will need to verify the account number, name of the bank, and IFSC provided at the time of filing ITR.
Refund Advice Received Yet Not Reflected In Your Account: Sometimes, you may receive an email or message from the SBI regarding your refund being credit. If the same not reflect in your account, you can verify with your back if it has the confidence to any wrong account. You can also send a query to [email protected]
Expired: It happens you do not get the refund via cheque/demand draft within the designated time. If this happens, you can apply for a re-issue request.
How To Raise Re-issue Refund Request?
In case you have provided incorrect bank/address details or haven’t availed your refund within the designated time, you can request a re-issue refund. To avail the re-issue refund request, you will need to do the following steps:
- Visit the www.incometaxindiaefiling.gov.in.
- Click on the tab ‘My Account’ and select the ‘Service Request’ option.
- Choose ‘Request Type’ as New request.
- Now, select the ‘Request category’ and choose ‘Refund re-issue.’ Then, you will need to click on the submit option.
- The details such as return type, PAN, year of assessment, communication reference number, acknowledgment number, refund failure reason, and a response column will show on the screen.
- Then you will need to select ‘Submit’ in the response column.
- Select the correct bank account in which you will want to credit the refund and click on the option ‘Continue.’
- Verify the bank details like account number, IFSC code, name of the bank, and account type that display on the screen. (Note: You have to pre-validate the bank account with the Income Tax department).
- Click on the option ‘Ok,’ if all the details are correct. Then e-verify with the Aadhar OTP, EVC (electronic verification code), or DSC (digital signature certificate) to submit your re-issue request.
- You will see a strong message verifying the submission of your re-issue refund request on the screen.
If you have paid a higher tax, you need not worry. You can implement the above simple procedures to get your Income Tax refund.