If you filled ITR, then check whether tax refund came in the account or not, IT department issued 1.67 lakh crores

Income Tax Refund: If you had also filed Income Tax Return (ITR), then quickly check whether the refund money has arrived in your account or not. The Income Tax Department said on Wednesday that between April 1, 2021 and February 7, 2022, it has issued refunds of more than Rs 1.67 lakh crore to 1.87 crore taxpayers.

information given by tweet

The tax department said that refunds worth Rs 59,949 crore have been issued in 1,85,65,723 cases, while corporate tax refunds of Rs 1,07,099 crore have been issued in 2,28,100 cases. At the same time, refunds have been issued in 1.48 crore cases worth Rs 28,704.38 crore for the assessment year 2021-22.

CBDT issues refunds of over Rs. 1,67,048 crore to more than 1.87 crore taxpayers from 1st Apr,2021 to 7th February,2022. Income tax refunds of Rs. 59,949crore have been issued in 1,85,65,723cases &corporate tax refunds of Rs. 1,07,099crore have been issued in 2,28,100cases(1/2)

— Income Tax India (@IncomeTaxIndia) February 9, 2022

Check your refund status

• Check refund status like this from new income tax portal
• You have to first go to the official website www.incometax.gov.in.
• Here you have to enter the User ID and Password.
• When you login, you will see the option of e-filing.
• In the e-file option, you have to select Income Tax Returns.
• After this, click on View File Return.
• Now the details of your latest ITR will come.
• After selecting, the status of your ITR will be visible.
• Here you will see the tax refund issue date and amount.
• Apart from this, information about the clearance of your refund will also be available.

What is Tax Refund?
Let us tell you that if advance is deducted on the basis of your estimated investment in any financial year, but after the final paper is submitted by the end of the financial year, it is found that more tax has been deducted according to your liability, then the income tax department’s To get the same back, you have to apply for ITR refund.

Refund gets stuck many times
Let us tell you that sometimes there is a delay in getting the tax refund. Tax refunds are sent by the Income Tax Department to the bank account only. In such a situation, if you have given wrong information while filling the form or if your details do not match, then your tax refund gets stuck.

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