# incometaxrefund
8 posts in `incometaxrefund` tag
Income Tax Refund Hold: New Rules for Big Refunds
Many taxpayers in India are seeing a delay in income tax refunds, especially when the refund amount is high. The Income Tax Department is checking big refunds more carefully to stop wrong or fake claims. In this blog, you will understand in simple words why your refund is delayed and what you should do next.
Refund Credited but Not Reflected in Bank What to Do?
Many taxpayers face the issue where their Income Tax refund status shows "Refund Credited" but the money doesn’t appear in their bank account. This guide explains why it happens, how to check your bank and portal details, and what steps to take to resolve it quickly.
Refund Adjusted Against Outstanding Demand: What You Need to Know
If your income tax refund is adjusted against an old tax demand, it’s likely due to Section 245 of the Income Tax Act. This blog explains what the notice means, how to respond within 30 days, and what options you have. Learn how to protect your refund and keep your tax records clean.
Difference Between Refund Issued and Refund Credited in Income Tax
This guide clarifies the distinction between the two common income tax refund statuses, "Refund Issued" and "Refund Credited." Learn what each status means, the complete refund timeline, key differences, and how to check your refund status for a smoother tax experience
Good News for Taxpayers: Delayed Income Tax Refunds Are Finally Being Released
The long wait for delayed income tax refunds is finally coming to an end! The Income Tax Department has taken steps to clear pending refunds by resolving portal glitches, verifying returns faster, and processing lakhs of refunds worth crores of ₹ daily. Learn why refunds were delayed, what’s being done now, and follow a simple checklist to make sure your refund reaches your bank account without further delay.
New Income Tax Refund Rules 2024: A Detailed Guide for NRIs to Secure Timely Refunds
This comprehensive blog post details the crucial updates to India's income tax refund rules for Non-Resident Indians (NRIs for Assessment Year 2025-26). It highlights the new "No Dues, No Refund" policy, emphasizing the necessity of clearing all outstanding tax demands and compliance issues for refund processing. The guide also covers revisited residential status rules, the default new tax regime, streamlined refund processing, and the vital role of Form 26AS and AIS/TIS. Special attention is given to capital gains and TDS on property sales, a common source of NRI refunds, outlining critical compliance steps. Finally, it provides actionable advice for NRIs to ensure their tax refunds are processed smoothly and without delays.
Missing or Delayed Income Tax Refund
Are you waiting for your income tax refund and discovering that it has been lost or is delayed? You're not by yourself. This article examines typical causes of delays, including as audits and mistakes on tax returns, and offers professional advice on how to have the problem resolved as soon as possible. Additionally, you'll discover how to avoid delays in the future and obtain your return as soon as possible.
Check Income Tax Refund Status Using PAN Card
This blog post walks you through the process of utilizing your PAN card to check the status of your income tax refund online. Discover how to keep track of the status of your refund and receive tax refund updates.