Arthgyaan

Supporting everyone's personal finance journey

How to check your income tax refund status?

This article shows you how to know the status of your income tax refund from Income Tax India website.

How to check your income tax refund status?


Posted on 23 Jul 2023
Author: Sayan Sircar
4 mins read
๐Ÿ“ขJoin 3400+ readers on WhatsApp and get new post notifications!

This article shows you how to know the status of your income tax refund from Income Tax India website.

How to check your income tax refund status?

๐Ÿ“š Topics covered:

How to know the latest status of your income tax refund?

Income tax refunds, in recent times, are being processed fully electronically. The sequence of events looks something like this with the major steps being filing > verification > processing > demand / refund. This is the sequence of steps from my own tax filing for AY 2022-23.

Know Your Refund Return Processing

Therefore, a refund will only be issued once the processing is complete.

๐Ÿ’ก Tip: Pay a little extra tax

When you are filing your return, pay a little extra tax of around Rs. 1,000 as Self-Assessment Tax. This way if there is a little extra tax that is to be paid as per the final calculation during ITR processing, that will be adjusted against this small amount of Rs. 1,000.
You do not need to do anything at this point except wait for the refund.

Status for refunds processed after 31-Mar-2023

Income tax website has come up with a facility to check your refund. This is how the know your refund page looks like.

Know Your Refund

Here are the steps to check your refund status.

Step 1: Enter your PAN, mobile and Assessment year

Know Your Refund Step 1

Choose assessment year as:

  • income tax filed for FY 2023-24 by 31-Jul-2024 will have assessment year AY 2024-25
  • income tax filed for FY 2022-23 by 31-Jul-2023 will have assessment year AY 2023-24
  • income tax filed for FY 2021-22 by 31-Jul-2022 will have assessment year AY 2022-23

and so on. You will get the OTP for the next step in the mobile number.

Step 2: Enter the OTP received in this step

Know Your Refund Step 2

Step 3: Get your refund status here

Know Your Refund Step 3

As per the Income tax website,

Please note that the refund will be credited only to the PAN linked Bank Account. Please ensure the same.

This is the link to the refund status site: here.

Did you know that we have a private Facebook group which you can join for free and ask your own questions? Please click the button below to join.

Also read
How much corpus is needed to spend 1 lakh per month in retirement?

Status for refunds processed before 31-Mar-2023

Step 1: Choose the refund option

Know Your Refund Old Step 1

Step 2: Enter PAN and choose Assessment Year

Know Your Refund Old Step 2

Choose assessment year as:

  • income tax filed for FY 2021-22 by 31-Jul-2022 will have assessment year AY 2022-23
  • income tax filed for FY 2020-21 by 31-Jul-2021 will have assessment year AY 2021-22
  • income tax filed for FY 2019-20 by 31-Jul-2020 will have assessment year AY 2020-21

and so on.

Step 3: Get your refund status here

Know Your Refund Old Step 3

In this case, the refund was already received in my bank account.

The site also provides some explanation of the refund status:

Know Your Refund Old Notes

If your return was determined before 31-Mar-2023, then click this link instead to check the status: here.

What should you do once you receive your refund?

If the refund amount is fairly large, you can follow this guide regarding how to invest it: Maximizing Your Finances: Smart Moves for Your Tax Refund Windfall in India.

Related Articles

What's next? You can join the Arthgyaan WhatsApp community

You can stay updated on our latest content and learn about our webinars. Our community is fully private so that no one, other than the admin, can see your name or number. Also, we will not spam you.

For resident Indians ๐Ÿ‡ฎ๐Ÿ‡ณ:


For NRIs ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡ช๐Ÿ‡บ๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ‡ฆ๐Ÿ‡ช๐Ÿ‡ธ๐Ÿ‡ฌ:


Share on WhatsApp:

To understand how this article can help you:

If you have a comment or question about this article

The following button will open a form with the link of this page populated for context:

If you liked this article, please leave us a rating

The following button will take you to Trustpilot:

Discover an article from the archives

Previous and next articles:



Latest articles:



Topics you will like:



Next steps:

1. Email me with any questions.

2. Use our goal-based investing template to prepare a financial plan for yourself.

Don't forget to share this article on WhatsApp or Twitter or post this to Facebook.

Discuss this post with us via Facebook or get regular bite-sized updates on Twitter.

More posts...

Disclaimer: Content on this site is for educational purpose only and is not financial advice. Nothing on this site should be construed as an offer or recommendation to buy/sell any financial product or service. Please consult a registered investment advisor before making any investments.

This post titled How to check your income tax refund status? first appeared on 23 Jul 2023 at https://arthgyaan.com


We are currently at 500 posts and growing fast. Search this site:
Copyright ยฉ 2021-2024 Arthgyaan.com. All rights reserved.