Income Tax Refund | Reissue of Tax Refund | Refund Status Check | (2020) | Hindi | Taxpundit
In this video we have explained the complete procedure of Income Tax Refunds and Procedure of Re-Issuance of Income Tax Refund.
How will the Refund be sent to me?
Depending on the option exercised by the assesse while filing his annual ITR, refund will be made either through electronic mode i.e. direct credit to account or through Refund Cheque. Tax payers are therefore, required to enter correct Account number and IFSC code along with complete address details including PIN code at the time of filing of Return.
Refunds sent through cheques are dispatched to the address as mentioned by the tax payers through Speed Post.
The TIN status (Refund Status) shows that Refund had Expired. What shall I do?
Refund not presented for payment within the validity period of 90 days is marked as expired and cancelled. Tax payer may raise Refund re-issue request. In case the return was filed electronically- Refund reissue request may be raised online by login into e-filing portal i.e.incometaxindiaefiling.gov.in with user ID and password.
In other cases the Taxpayer should contact Assessing Officer under whose jurisdiction the Return was filed for re-initiation of Refund.
The TIN status (Refund Status) shows that Refund had Returned. What shall I do?
ECS - The taxpayer may give correct bank details and raise refund reissue at e-filing portal/Assessing Officer.
Paper refund- Tax payer may give correct details about address and raise refund issue request at e-filing portal/Assessing Officer.
Whom do I contact if the refund dispatched has not been received?
All Refunds are dispatched through Speed Post for which Tracking number is provided in the refund status track view on TIN. The tax payer can view status of the same on India Post tracking site i.e.www.indiapost.gov.in or contact its local post office with tracking number as displayed on TIN.
How do I rectify any mistakes in the name, account number printed on the refund cheque delivered to me?
Send the original refund cheque to CMP Operations Centre, State Bank of India, Survey No.21 Opposite : Hyderabad Central University, Main Gate, Gachibowli, Hyderabad -500019 for cancellation of the Cheque (along with a letter informing the mistakes on the refund cheque) and updating cancellation status on TIN. Once the status is updated as returned, Taxpayer may contact Ward Assessing Officer for modification in Name/Account number and re-initiation of Refund.
If, however, the return was filed online, modification in account number and raising of Refund reissue request may be done online by login into e-filing portal i.e. incometaxindiafiling.gov.in with user ID and password.
I have received the ECS refund advice and TIN status of refund is “paid” but my account has not been credited?
Please check the Account number given in the ECS advice sent by CMP Centre carefully. If the Account number, IFSC/MICR code given in the advice is correct-please contact your Branch and enquire about the status of NEFT UTR Number or NECS sequence number as displayed on TIN. In case the account number given is incorrect-please check with your Bank whether the amount had been credited in wrong account. Please send an email to itro@sbi.co.in for guidance.
The status on TIN (Refund Status) shows that Refund had been adjusted against outstanding demand of previous year. What does that mean?
This means that Refund for the current year had been adjusted against outstanding demand of previous Assessment year either in-part or in-full. Please verify details from the ECS advice sent by SBI CMP Centre through email or post. Details of the outstanding demand may be obtained from e-filing portal/CPC Bangalore. In case of e-filed returns - enquiry may be made by login into e-filing portal.
Whom should I contact for refund related queries?
For any refund related query the tax payer should contact Aayakar Sampark Kendra Toll Free No. 1800-180-1961 or email at refunds refunds@incometaxindia.gov.in
For refund related query or any modification in refund record relating to return processed at CPC Bangalore, the same may be contact on Toll free Number 1800-425-2229 or 080-43456700.
For any payment related query the taxpayer should contact SBI Contact Centre Toll Free No. 1800-425-9760.
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Пікірлер: 19
Last year I hv got IT refund in my bank account. Now should I required to prevalidate my same bank account for IT refund for coming year, as now advising by IT dept. for prevalidation of bank account for getting refund? Pl advise.
There was outstanding demand and same was adjusted against refund. Now I had got my income tax accounted for the years for which it was not credited in my account. Now there is no outstanding demand. Now how will I receive refund.
Refund status in nsdl shows Paper refund was cancelled or electronic credit rejected by the bank of the assessee with the reasons others. Contact your assessing officer for fresh release of refund.
refund amount split up means in income tax return. Iska kya matlab hai sir
Maine efailing kawaya hai lekin pending bata raha hai
2020/21 Ka Refund issue hua hai kya abhi
Others - Paper refund was cancelled or electronic credit rejected by the bank of the assessee with the reasons others. Contact your assessing officer for fresh release of refund
Sir 2010-2011 ka refund pending h due to in correct address cheque return ho gya
Sir pls provide the vedio on ,,how to calculate the tax start from basic and computation sheet also...
Sar AAP apna no de