Status Check, Procedures, Facilities

Organization : Income Tax Department
Facility : Tax Refund Status

Home Page :http://incometaxindia.gov.in/Pages/default.aspx
Refund Status : https://tin.tin.nsdl.com/oltas/refundstatuslogin.html

Refund Status :

Refund Banker :
The ‘Refund Banker Scheme,’ which commenced from 24th Jan 2007, is now operational for Non-corporate taxpayers assessed in Delhi, Mumbai, Kolkata, Chennai, Bangalore, Bhubaneswar, Ahmedabad, Hyderabad, Pune, Patna, Cochin, Trivandrum, Chandigarh, Allahabad, and Kanpur.

Related : Income Tax Department Bulk PAN Verification Online : www.statusin.in/9015.html

In the ‘Refund Banker Scheme’ the refunds generated on processing of Income tax Returns by the Assessing officers/ CPC-Bangalore are transmitted to State Bank of India, CMP branch, Mumbai (Refund Banker) on the next day of processing for further distribution to taxpayers.

Refunds are being sent in following two modes :
RTGS / NECS :
To enable credit of refund directly to the bank account, Taxpayer.s Bank A/c (at least 10 digits), MICR code of bank branch and correct communication address is mandatory.

Paper Cheque :
Bank Account No, Correct address is mandatory.
Taxpayers can view status of refund 10 days after their refund has been sent by the Assessing Officer to the Refund Banker – by entering ‘PAN’ and ‘Assessment Year’ below.

Other Refunds :
Status of ‘paid’ refund, being paid other than through ‘Refund Banker,’ can also be viewed at tin-nsdl.com by entering the ‘PAN’ and ‘AssessmentYear’ below Refund paid’ status is also being reflected in the ‘Tax Credit Statements’ in Form 26AS.

Procedure :
** Please enter your Permanent Account Number and Assessment Year for which
** status of refund is to be tracked.

How will the refund be sent to me-
Refunds are generated in two modes i.e., ECS and paper . If the taxpayer has selected mode of refund as ECS (direct credit in the bank account of the taxpayer) at the time of submission of income return the taxpayer’s bank A/c (at least 10 digits ) and MICR code of bank branch and communication address are mandatory . For taxpayers who have not opted for ECS refund will be disbursed by heque or demand draft.
For generation of refund through paper cheque bank account no, correct address is mandatory.

How can I know the status of my refund-
The taxpayer can track the status of its refund from the Departmental Website ncometaxindia.gov.in / NSDL-TIN website by clicking on “Status of Tax Refunds”.Refund status can be tracked by entering the PAN and Assessment Year for which refund is to be tracked.

Status of the refund can also be tracked by contacting the help desk of SBI’s at toll free number :
18004259760

email at :
If I have shifted my residence whom should I contact for updating my correspondence address for receipt of refund-

About Us :
It is a matter of general belief that taxes on income and wealth are of recent origin but there is enough evidence to show that taxes on income in some form or the other were levied even in primitive and ancient communities.

The origin of the word “Tax” is from “Taxation” which means an estimate. These were levied either on the sale and purchase of merchandise or livestock and were collected in a haphazard manner from time to time.

Nearly 2000 years ago, there went out a decree from Ceaser Augustus that all the world should be taxed. In Greece, Germany and Roman Empires, taxes were also levied sometime on the basis of turnover and sometimes on occupations