May 24 , 2013
Many income tax return filers face the common situation of delay in getting tax refund. Here are a few basics about Income Tax Refund in India.
How to claim tax refund
You can claim income tax refund if you have paid additional taxes than what you were supposed to. This is done by the exercise called as Tax Return Filing. You need to fill relevant ITR form and get the acknowledgement ITR V from Central Processing Centre. You can file tax returns online.
When to expect income tax refundThough things are constantly improving with the I-T department, you have to wait anywhere up to a 2 years after filing your returns, for getting the refund. Once filed, your tax return could be processed within 2 months to 2 years. So your refund would also be processed and sanctioned accordingly.
Meanwhile you can know the status of your income tax refund through government websites like tin-nsdl or incometaxindiaefiling. Alternatively you can call up on CPC contact number, SBI CMP toll free number or email to one of these offices to enquire about your refund status.
Whom to contact if not received tax refund
If your refund has not been generated by the Assessing Officer (AO) or CPC you can get in touch with them. Your AO can be found from income tax website.