Income Tax Return: If income tax refund has not been received yet, check your status like this

Income Tax Return: State Bank of India (SBI) processes the ITR refund and the refund is directly credited to the taxpayer's account or a check or demand draft is sent to his address.

Income Tax Return: If income tax refund has not been received yet, check your status like this

Income Tax Return: If you have filed Income Tax Return and are now waiting for the refund, then you can easily check the status of your Income Tax Return easily. Whether your income tax return has come or not. Because many people have got their income tax return. Explain that after filing income tax return, there is a wait for refund. The deadline for filing income tax returns for the financial year 2021-22 and assessment year 2022-23 was July 31, 2022. The IT department has sent refunds to many taxpayers, but there are many such taxpayers who are still waiting for the refund. If you are also one of the taxpayers waiting for refund, then it is very important for you to know that the tax department will issue the refund only when your income tax return process is completed.

Explain that State Bank of India (SBI) processes ITR refunds. The refund is credited directly to the taxpayer's account or a check or demand draft is sent to his address. In such a situation, you can find out the status of refund by visiting the e-filing website of the Income Tax Department. There are two ways to track this. The first can be found by visiting the Income Tax e-filing website and the second by visiting the NSDL website. In these two ways, you can easily check your status, for that you have to do this process.

How to check status like this

First of all go to www.incometaxindiaefiling.gov.in. Login to your account by filling PAN, Password and Captcha code details. Click on Review Returns/Forms. Select 'Income Tax Returns' from the drop down menu. Here select the assessment year for which you want to check the IT refund status. After this click on your acknowledgment number i.e. hyperlink. Now a pop-up will appear on the screen, which will show the timeline of filing of return. For example when was your ITR filed and verified, date of completion of processing, date of refund issue etc. Apart from this, it will also show the assessment year, status, reason for failure and mode of payment.

TIN status can also be checked on NSDL website

First of all visit https://tin.tin.nsdl.com/oltas/refundstatuslogin.html. Fill your PAN details. Select the assessment year for which you want to check the refund status. After filling the captcha code, click on submit, now a message will appear on the screen based on the status of your refund.

Increase in tax collection

According to the Income Tax Department, the gross direct tax collection in FY23 till 17 September 2022 was Rs 8,36,225 crore, which is 30 percent more than the same period last year. Net direct tax collection has also increased by 23 per cent to Rs 7,00,669 crore. During April-September, the total advance tax collection till September 17 has also increased by 17% to Rs 2,95,308 crore from the previous year.