If you have filed your Income Tax Return (ITR) and are eagerly awaiting your tax refund, you can now conveniently check its status online.
The Income Tax Department has introduced a new feature on the Income Tax Portal that allows taxpayers to directly monitor the status of their refunds.
Previously, taxpayers could check their refunds through the TIN-NSDL website, which remains an alternative option.
Let’s delve into the step-by-step process to check your refund status.
Step 1: Visit the e-Filing Portal
To initiate the process, access the e-Filing portal, which is the official website for filing Income Tax Returns.
Step 2: Click on Quick Links
Once on the e-Filing portal, locate the section labeled “Quick Links” and click on it.
Step 3: Scroll Down and Select “Know Your Refund Status”
Scroll down within the Quick Links section until you find the option “Know Your Refund Status.” Click on it to proceed.
Step 4: Provide Required Information
Enter the following details in the provided fields:
- PAN number (Permanent Account Number)
- Assessment Year
- Mobile Number
Step 5: Verify with OTP
After entering the required information, you will receive an OTP (One-Time Password) on the mobile number provided. Enter the OTP in the designated field to proceed.
Step 6: Check Your Refund Status
Once you have entered the OTP, the refund status corresponding to your PAN number and Assessment Year will be displayed.
Troubleshooting: No Record Found
If you encounter any issues related to your ITR bank details, a message stating “no record found” will appear on the screen.
In such cases, you can check your e-Filing status by navigating to the option “E-File” -> “Income Tax Return” -> “View Filed Return.”
As of July 2, 2023, approximately 1.32 crore ITRs have been filed for the assessment year 2023-24.
According to the Income Tax Portal, out of these filings, around 1.25 crore income tax returns have been verified.
It is noteworthy that only 3,973 verified ITRs have been filed for the assessment year 2023-24 so far.
By following these steps, taxpayers can conveniently track the progress of their tax refunds and stay informed about the status of their filings.
