Cross check the assessment year You may need to check your ITR status online or file a revised or rectified return. 2. Not Determined The tax department has not proceeded your return as the refundable amount has not been ascertained Check your Refund Status again after a week or two. ...
However, if refund is not received during this duration, the taxpayer must check for intimation regarding discrepancies in ITR; check email for any notification from the IT department regarding the refund. The taxpayer can also check refund status on the e-filing as...
if you forget to claim it then you can revise your return within a specified period of time and claim the refund in the revised return. When you file the ITR if tax paid is more than tax due you would
After e-filing ITR: ITR-V,Receipt Status,Intimation u/s 143(1) E-filing : Excel File of Income Tax Return Self Assessment Tax, Pay Tax using Challan 280, Updating ITR Updated ITR, ITR U: What is it? How to file it? Missed Filing ITR: Check Tax Liability,File Condonation of Delay...
Delay in Refund:If you are entitled to a tax refund, the processing of your refund may be delayed if you file your ITR after the due date. Who Is Required to File ITR After Due Date? Individuals and entities who miss the due date for filing their income tax returns (ITRs) are require...
You should also know that if the TDS on FD deducted by the bank is more than your overall income tax liability, then you can claim a refund at the time of filing your ITR. The TDS deducted on interest income from FDs is thus a part of your total tax liability under the Income Tax ...
Verification of ITR: Verify and validate your ITR to ensure accuracy and compliance with Indian tax laws. Any discrepancies or errors may lead to delays or potential loss of interest on your refund. Double-check all details, including income, deductions, and tax payments, before filing. Refund ...
How to compute your Annual Income Tax or ITR dues Before you begin, you’ll need to check whether you’re on the 8% Income Tax Rate or the Graduated Income Tax Rate. The easiest way to do this is to check your Certificate of Registration from the BIR. This will indicate which tax sc...
Eligibility To File ITR 1 Online For AY 2024-25ITR-1 is filed by taxpayers whose income is up to Rs 50 lakhs from the below-mentioned sources:If the income is from one house property (the case where losses of previous years are carried forward are not included in this ITR) If the ...
You need to access the NSDL-TIN website or official IT website to track your refund status. In there, click on “Status of Tax Refunds” and enter your PAN number, Assessment year to check refund status progress. Track refund status in the case of Direct Transfer ...