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ITR refunds over 1,15 lakh crore to 98.90 lakh taxpayers, Ways to check income tax status

BusinessNationOdisha
By Abhilasha 0
income tax return

Central Board of Direct Taxes (CBDT) has issued refunds of over Rs 1,15,917 crore to more than 98.90 lakh taxpayers from April 1, 2021 to November 8, 2021, Income Tax Department tweeted.

CBDT issues refunds of over Rs.1,15,917 crore to more than 98.90 lakh taxpayers from 1st April 2021 to 8th November 2021. An income tax refund of Rs. 36,000 crore have been issued in 97,12,911 cases and corporate tax refunds of Rs.79,917 crore have been issued in 1,77,184 cases.

This includes 65.31 lakh refunds of assessment year (AY) 2021-22 amounting to Rs 12,616.79 crore, details provided by the Income Tax Department showed.

How to check Income Tax refund status, Here are the steps: 

  • To check Income Tax refund status, taxpayers need to go to https://tin.tin.nsdl.com/oltas/refund-status-pan.html
  • Income Tax Refunds are sent in following two modes , RTGS and Paper Cheque.
  • Taxpayers can view status of refund 10 days after their refund has been sent by the Assessing Officer to the Refund Banker.
  • ‘Refund paid’ status is also being reflected in the ‘Tax Credit Statements’ in Form 26AS.
  • Taxpayers need enter details such as Permanent Account Number (PAN) and Assessment Year.

Income Tax Department has also asked taxpayers to “Beware of fraudulent communication.” “ITD never asks for personal details over calls, SMS or email for issuing refund. Never share bank, credit/debit card details, CVV, Password or OTP with anyone. The correct URL for e-Filing portal is http://incometax.gov.in,” Income Tax India tweeted.

 
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Journalist, a foodie, a saree lover, travelling is just love,cheerful,lively ,sometimes moody and a proud Odia

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