NSDL Refund Status

Have you filed your Income Tax Return but not received your tax refund yet? You are not alone. Many taxpayers face refund delays for different reasons. In this blog, we explain how to check your NSDL refund status, the common reasons for delay, and what you can do if your refund is taking time. The refund status is easy to check and helps you know when you may receive your money. You can just visit NSDL website to check your refund status.

NSDL Refund status

An Indian taxpayer is eligible for an income tax refund if he or she has paid more tax than required. The Refund Banker Scheme, introduced on 24 May 2007, applies to non-corporate taxpayers assessed in cities like Ahmedabad, Allahabad, Bangalore, Bhubaneswar, Chennai, Chandigarh, Cochin, Delhi, Hyderabad, Kanpur, Kolkata, Mumbai, Patna, Pune and Trivandrum.

Under this scheme, the Income Tax Department sends the refund details to State Bank of India (SBI) after the income tax return is filed. SBI then processes the refund and credits the amount to the bank account mentioned in the income tax return.

There are two ways to receive your refund:

1. RTGS/NECS – RTGS (Real Time Gross Settlement) and NECS (National Electronic Clearing System) are electronic fund transfer methods approved by RBI. If your bank account number, IFSC or MICR code, and address are correct, the NSDL income tax refund gets credited directly to your bank account.
2. Cheque – If the bank details are incorrect or invalid, the income tax refund will be provided by a cheque from your bank.

You can check your refund status in the “Tax Credit Statements” in Form 26AS. You will receive your refund after the Income Tax Department processes your income tax return and sends you a notice.

Pan card status check

Pan card verification

NSDL PAN Status

Application procedure for NSDL refund status

Taxpayers can check income tax refund status 10 days after their refund has been sent by the Assessing Officer to the Refund Banker by entering their ‘PAN’ and ‘Assessment Year’. You can check refund status at two websites: –

E-Filing website

• Visit Income Tax Portal, Government of India Login Page
• Log in with PAN/Aadhar/other relevant USER ID mentioned in the page.  On the next page, enter your password for the E-filling website
• Enter the captcha shown on-screen.
• Navigate to ‘e-File’ option and click on ‘Income Tax Returns’. Then, select ‘View Filed Returns’ and ‘View Details’.
• Your refund status appears as:
  • Refund Issued – Shows refund amount, payment mode, and date
  • Refund Failure – Shows reason for failure and email details
  • Refund Kept on Hold – Shows pending tax demand from earlier years
  • No Records Found – Return not processed or refund details not updated

TIN NSDL refund status

• Visit Site.
• Enter your PAN, the Assessment Year, and the Captcha shown in the box.
• Click on the ‘Proceed’ button to check the nsdl itr refund status.

Application procedure for refund re-issue

If your income tax refund is confirmed but you haven’t received it yet, you need to check the refund status. If you receive a message that “Refund failed”, you need to raise a refund re-issue request. To raise a request, follow these steps:

1. Visit website
2.  Login with your User ID, Password, DOB, and the Captcha code.
3. Navigate to ‘My Account’ and then click on the ‘Service Request’ option.
4. Navigate to ‘Request Category’ and then click on the ‘New Request’ option, and select ‘Refund Reissue’.
5. The screen will display which all the acknowledgment numbers for every financial year during which you filed your Income Tax. Click on the ‘Submit’ option under the ‘Response’ category for the year you want the refund.
6. Fill in details such as your Bank Account Number, Account Type, IFSC Code, Bank Name, and then click on ‘Submit’.
7. The money will be refunded to your bank account within a few days.

Reasons for not receiving tax refund

The possible reasons for not receiving an income tax refund are:-

1. Income tax Department has not processed your Income tax Returns.
2. Your PAN card and Aadhaar card are not linked.
3. Your bank account has not been verified yet.
4. If you have any outstanding demands from previous financial years.
5. The IT department thinks that you are not eligible for refund after processing your income tax returns.

If your refund status shows that it has been processed but you didn’t receive it yet. This means that there some issues with the SBI account maintained for credit of refunds. The possible reasons for failure of RTGS/NECS transfer are: –

1. Your account is closed.
2. Your account is on hold.
3. The particular Account may be FD/Loan/PPF account.
4. The particular Account may be NRI account
5. The Account holder may have passed away.
6. Bank Account details were incorrect

FAQs

What are the 3 stages of refund status?

The 3 stages of refund status are Refund Initiated, Refund Sent, and Refund Credited.

What happens if income tax refund is above 50000?

 If your income tax refund is above 50000, it will be credited to your bank account directly through the Refund Banker Scheme.

How many days wait for refund?

It takes 7-14 days to receive your refund after it has been processed.

What happens after refund is processed?

After your refund is processed, it will be sent to the bank account that you specified in your income tax return.

Why is my return still processing?

There are a few reasons why your return may still be processing, such as if it is complex or if there is incomplete information.

What to do if refund is not received?

 If you have not received your refund after 14 days, you can contact the Income Tax Department to inquire about the status of your refund.