ITR Refund Status: If you’re an income taxpayer, this news could be very important for you. The September 16th Income Tax Return (ITR) filing deadline has passed. Many taxpayers are still waiting for their refunds. While most have received their refunds from the Income Tax Department, millions are still awaiting their refunds. Because of this, people are repeatedly checking their refund status and cross-checking their submissions, but have yet to receive any updates or messages.

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Why are refunds delayed?

Reports indicate that some refund claims have been red-flagged due to high-value or deduction claims. The department is analyzing these cases and, if necessary, may advise taxpayers to file revised returns. In such a situation, the income tax refund is processed only after the ITR is e-verified. According to the website, after e-verification, the refund is usually credited to the account within four to five weeks.

Reasons for Refund Delays

The most common reasons include bank account errors. If your bank account number or IFSC code is incorrect, the money will not be credited directly to your account. Furthermore, if the PAN and Aadhaar cards are not linked or there are errors in the name or date of birth, refunds may be delayed.

Sometimes, claiming incorrect deductions or credits in the ITR can also result in a refund being withheld. For example, if you have overstated your deductions under Section 80C and the department becomes suspicious, the money will be withheld until the correct documents are received. Furthermore, refunds can also be delayed if the information provided in the form does not match the records in Form 26AS or AIS.

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How to Check Refund Status

First, visit the Income Tax e-filing portal at eportal.incometax.gov.in/iec/foservices/.

Then log in with your user ID and password.

Once logged in, click on the ‘e-File’ tab.

Then click on Income Tax Returns and then ‘View Filed Returns’.

Select the correct assessment year and open View Details.

After this, you can easily check your refund status for any year.