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Mukesh (Associate)     19 August 2011

Income tax refund

In the last Financial year, my company has over paid tax from my gross salary. Now I have filed the Income Tax Return (ITR) and now I am eligible to get an income tax refund of a sum of around Rs. 30,000/- My question is that, How long does it take to process the refund to my account. Note: I have submitted the ITR in June 2011 online and the acknowledgement is sent and received. Please guide me on the above. Thanks in advance.


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 3 Replies

Sanjeev (Lawyer)     19 August 2011

You can check the status at the below link. It generally takes around 120+ days to process the refunds.

 

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

Sadashiv Rupchand Gaikwad (Partner)     10 September 2011

Before efing ITR you must to cross check 26AS that Total TDS is properly credit or not. If all facts are correct your refund will process soon

Dr. MPS RAMANI Ph.D.[Tech.] (Scientist/Engineer)     11 September 2011

As you have e-filed your return, if everything is in proper order, you should receive the refund well before 31-03-12. 


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