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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
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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.

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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.

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


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