Categories: Business News

Where My Refund Is: Income Tax Money Came Into The Account Of These People, Check ‘Where Is Your Refund Stuck’

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Income Tax Refund Update: The process of filing income tax returns has gained momentum. As the deadline approaches, the number of return filers is increasing day by day. Meanwhile, there is a good news that income tax department has also started the process of filing returns. It means that taxpayers have started getting refund money.

Return process for many people

According to the information available on the portal of the Income Tax Department, so far 11.22 crore individual taxpayers are registered on the portal. Talking about the current season i.e. assessment year 2023-24, around 1.33 crore income tax returns have been filed so far. Income tax returns of 1.26 out of them have also been verified. The best part is that so far the Income Tax Department has processed 3,973 verified income tax returns.

Be sure to keep these things in mind

Let us tell you that the last date for filing income tax returns in the current season is 31 July. This means you should file your income tax return before 31st July. Here one more thing is important to know that just filing the return does not complete the work but it is also necessary to verify it. The return filing process is completed only after verification. After this, the Income Tax Department processes the return and after getting all the information correct, credits the refund claimed by the taxpayer to the taxpayer’s account.

A Step-By-Step Guide To Check Income Tax Refund Status (A Step-By-Step Guide To Check Income Tax Refund Status):

Step-1: First visit the e-filing portal of the Income Tax Department.

Step-2: Select Quick Links option.

Step-3: You will see Know Your Refund Status in the dropdown menu, click on it.

Step-4: Now fill the details like PAN number, assessment year and mobile number.

Step-5: An OTP will be sent to your mobile number. fill up

By doing this, you will be able to know the status of your income tax refund. If there is a discrepancy in your bank information, a No Records Found error may occur. That’s why it’s better to check your bank details well in advance, so that your refund doesn’t get stuck.

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