Reasons for Income Tax Refund Delays and How to Track Your Status

The deadline for filing Income Tax Returns (ITRs) for the assessment year 2023-24 ended on July 31, and no extension was entertained by the IT department.

If you're awaiting a refund, delays may occur for the following reasons:

1. Additional Information: The Income Tax Department may request more details, causing delays.

2. Calculation Errors: Discrepancies between your return and the department's records can delay refunds. Correct any errors and, if needed, file a rectification return under Section 139(4).

3. Incorrect Bank Details: Ensure the bank account number provided is accurate. Mismatches can delay refunds.

4. Unverified Bank Account: Only pre-validated accounts receive refunds. Confirm your account is authenticated and your IFSC code is updated.

5. Form 26AS Mismatch: Delays can occur if TDS information does not match Form 26AS.

Checking Refund Status:

NSDL Website

1. Visit https://tin.tin.nsdl.com/oltas/refundstatuslogin.html

2. Log in with your PAN and select the assessment year.

3. Click ‘Submit’ to view the status.

Income Tax Portal

1. Go to https://incometax.gov.in and sign in.

2. Select ‘e-file’ and then ‘View Filed Returns.’

3. Check the status for Assessment Year 2024–2025 (FY 2023–24) and click ‘View Details.’

These steps help you track your refund and identify potential issues.