Thursday, February 10, 2011

INCOME TAX REFUND IN SAME FINANCIAL YEAR -CHECK YOUR STATUS


on Thursday, February 10, 2011

Check Your Income Tax status Now . Fill form given at the end. 
you may not need to wait much longer for that income tax refund.The Income Tax department is working on a plan to expedite refund claims and make pending payments within the current fiscal year.

This would be for the first time that I-T refunds are made within the fiscal year in which the claim is filed.

“It is a part of our process of expediting the tax refund process,“ a senior official at Central Board of Direct Taxes (CBDT) said. “Our plan is to complete refunds against the returns filed in the current fiscal.“

The I-T department paid out refunds of R53,688 crore during April to January in the current fiscal against R38,721 crore a year ago -a growth of over 38%.

“The department aims to clear the backlog as well,“ the official said. “At present 90% o the processing of refunds ha been completed this year.“

The centralised processing centre (CPC) at Bangalore ha completed processing of all e filed tax returns for the assess ment year 2010-11. The tax department has said all refund claims below R 10 lakh would be issued their I-T refunds by March 2011.

Two more CPCs are set to come up at Manesar and Pune in the next financial year, and a fourth one at Kolkata in 2012.

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  1. my account no is incorrect how can I correct the same so that i receive my refund My pan no is ATYPS4205Q

    ReplyDelete
  2. If you aren't familar with taxes I guess it would be good, but by the same token, if you aren't familiar then there were many places where it was obtuse in explaining what to do. I used it mainly to efile quickly and it took a lot longer than just writing it up on paper. Once I was through I was still waiting for what Deluxe would give me - I only saw the same features as most free problems.

    ReplyDelete
  3. My tax refund cheque for the year 2010-11 was sent by IT department through speedpost. However, since I had changed my residence, the same was returned. Thereafter, I got my address updated with the IT department, and sent the details to the department through Courier at their Bangalore office address. I received it back undelivered. Thereafter I resubmitted the same on 22 Feb 2012 through ordinary post. But till date, I did not receive any information about the fate of the refund.

    What should I do now? My PAN No. is AARPS9745H.

    Kindly RESPOND.

    Surendro Sahoo

    ReplyDelete
  4. I HAVE NOTRECIVED TAXREFUND LAST 3 FINANCIALYEARS PLEASE KINDLY DONEED FULL

    ReplyDelete
  5. I GOT LESS TAX RETURN.
    HOW MAY I KNOW THE BALANCE OF RETURNS.

    ReplyDelete
  6. Maj. Karun Chhikara,
    I have not received my income tax refund for the assasment year 2010-2011 ans 2011-2012.

    Pl. expedite it or guide me for early refund.

    Thanks

    ReplyDelete
  7. My pan card no. AFXPJ7713H tax refund cheque for the year 2010-11 was sent by IT department through speedpost. However, since I had changed my residence, the same was returned. Thereafter, I got my address updated with the IT department, and sent the details to the department through Courier at their Bangalore office address. I received it back undelivered. Thereafter But till date, I did not receive any information about the fate of the refund.

    What should I do now? My PAN No. is AFXPJ7713H.

    Kindly RESPOND. THANKS

    MAIL ID [email protected] DUNGHRPUR RAJASTHAN MO. 9413300275 $ 9414723872

    ReplyDelete
  8. Hi,

    My Pan is CEFPS2820R . I have not yet received refund cheque.

    Kindly let me know if anything wrong in my ITR.

    --
    Reagards,
    Vijay Kumar Salian.

    ReplyDelete
  9. I have not received my income tax refund for the assasment year ans 2011-2012.

    Pl. expedite it or guide me for early refund.my pan no.AEIPG2411H.

    Thanks

    Reply

    ReplyDelete
  10. I have not received my income tax refund for the assasment year ans 2011-2012.

    Pl. expedite it or guide me for early refund.my pan no.AEIPG2411H

    ReplyDelete
  11. i have not received my income tax refund for assasment year 2011-2012 pl refund for early sir pan no AEEPV9070R

    ReplyDelete
  12. I am expecting refund from IT department for the financial year 2010-2011. I have filed the return in july 2011.
    I have notreceived any refund. Nor is it appearing on the Tax Information Network utility.
    Please guide what to do.
    Somebody suggested to write application to IT department to know what is the delay.
    but I am stuck what application.. to whom.

    ReplyDelete
    Replies
    1. You better speak about this with assessing officer, who is responsible for all this stuff. I'm sure he will be able to help you.

      Imti.

      Delete
  13. I have not received my income tax refund for the assasment year ans 2010-2011 & 2011-2012.

    Pl. expedite it or guide me for early refund.my pan no.BOBPS7686C.

    Thanks

    ReplyDelete
  14. I need to submit my claim for ITR ,I need to know what documents are required and where I need to submit the same

    ReplyDelete
    Replies
    1. No documents are required to attach ,,Just fill income tax return form and deposit in income tax office

      http://www.simpletaxindia.net/2012/04/income-tax-return-forms-ay-2012-13.html

      Delete