Skip to main content

Checklist for Income Tax Refund

Checklist for Income Tax Refund


If your employer has deducted income tax in excess or you were not able to declare your investments on time. Worry not as one can claim the excess income tax back from the income tax department.

Steps to Guide you when you are filing for Income Tax Refund:

  • You can claim income tax refund by simply filing income tax return. If you find in the income tax return mentioning that you have paid more income tax, there is no need to apply for it separately.
  • You are not required to file income tax return if your taxable income is lower than the maximum exempted limit. If you wish to claim any refund for income tax, you have to file return.
  • Tax refunds need to be claimed within a period of two years from the end of the financial year for which the tax refund claim is related.
  • Before claiming income tax refund, you must check Form 26AS available on the Income tax website, it's also know as your tax credit statement. Even if your income tax return shows more tax paid by you but not displayed in your 26AS statement, you will not get the refund. 26AS shows the tax paid against a permanent account number (PAN) during a particular financial year.
  • If your employer has deducted the income tax from your salary but did not deposited with the income tax department, then it will not be displayed in your form 26AS statement.
  • If you file tax return incorrectly, that would also cause a delay in getting the refund.
  • There is a provision with the income tax refund that if there is a delay in case of a tax refund, you are entitled to get an interest at the rate of 0.50 per cent for every month from the April first of the assessment year till the tax refund is paid to you.
  • In case there is any delay in filing income tax refund due to your own reason, no interest is applicable to be paid for the period of delay. For example, if you have filed delayed income tax return in September, you will only get interest from September onwards for the delay, if any.
  • You can check online income tax refund status at Income tax official website by entering details like your PAN and assessment year.

Recent Posts

Popular posts from this blog

Nagarhole National Park Safari Booking Online

Nagarhole National Park Safari Booking Online There is good news for all wildlife enthusiasts and tourists who were appealing to the forest department to introduce online ticket booking system for safari in the Nagarahole national park. All wildlife enthusiasts and tourists wishing and requesting the forest department to begin online ticket booking system for safari in the Nagarahole national park would be happy to know that Nagarhole safari booking online is now active and fully operational. Nagarhole Safari Ticket Booking has been started to bring in more transparency as well as facilitating tourists to plan and book tickets for their safari in advance. It was a demand from the people at large, mostly from Bengaluru, Karnataka and neighbouring states like Kerala and Tamil Nadu who quite often visit the Nagarhole national park to start the online ticket booking system. Nagarhole National Park  Nagarahole (or Nagarhole) name is derived from a windy river named Nagara Ho

Lucknow Jal Sansthan Online Payment, Online Water Bill Payment Lucknow

Lucknow Jal Sansthan Online Payment, Online Water Bill Payment Lucknow Lucknow Jal Sansthan online Payment is now available from November 2016. To facilitate online payment of water and sewer taxes online, you can use the Lucknow Jal Sansthan's online portal from November. From this month, i.e November onwards, you can use the Lucknow Jal Sansthan online portal to facilitate people to pay their tax dues and arrears online and make e-payments faster without having to reach Jal Sansthan's zonal office for water tax payment. As per Jal Sansthan general manager S K Verma, "The portal facility would be launched initially from zone 8 to see the response and check the portal's performance. Soon, it will be launched across Lucknow." Zone 8 includes colonies on Rae Bareli Road and Sultanpur Road like Vrindavan Yojna, Telibagh, South City, and colonies near PGI, Ruchi, Rashmi and Rajni Khands, Eldeco Udyan II, etc. The Lucknow Jal Sansthan online portal is being ch

MCD Property Tax Payment Online 2022-23

Property Tax Delhi Online Payment, Property Tax Online Delhi NDMC, SDMC, EDMC Steps to Pay MCD Property Tax online Following are the steps you need to follow in order to       : Visit the official website of MCD here -  https://mcdonline.nic.in/ On the home page, choose and select between North Delhi Municipal Corporation, South Delhi Municipal Corporation, or East Delhi Municipal Corporation for which the property tax needs to be paid.  As you select one of the option, page redirects after you click on Online Services.  Now under the page heading Online Services, hover your mouse over Property Tax and click Citizen Login. A new page opens, now Login using your Mobile Number and OTP or Using Login ID and Password. Suppose you entered your mobile number clicked Generate OTP, then you get the message "OTP generated successfully and valid for 3 minutes". Now enter OTP you received on your mobile in the space provided and click Login. After successful login, you will be greeted w