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What happens if my tax refund is not received?

Writer Joseph Russell

If it has been more than a month and your refund is not processed, you may need to check the status on the e-filing portal. Now a days ITR is processed within one to two months and refund gets credited after a successful processing of ITR.

Do you have to pay tax on salary not received?

Third option is to pay the tax and try to recover the tax from employer. Since you have already filed return on due basis your income is taxable. The salary is taxable on the on the due basis . So salary will be taxable even if not paid . The question is not clear whether you have not paid for 10 month or any other period .

How does an intimation for tax refund work?

The intimation notice received by you shows the amount of refund that will be credited into your account along with a refund sequence number. An intimation is sent to you under section 143 (1) of the income tax Act. Do keep in mind that you will only get the refund if into a pre-validated bank account.

How can I check if I have received my tax refund?

So, now is the good time for all taxpayers to check if they have received the refund. If the tax department determines, after processing your income tax return (ITR), that a refund is payable to you, an intimation is sent to you via SMS and email.

How long does it take to get tax refund after verification?

As per the procedure, Income Tax Department processes the refund only after you have filed and verified the Income Tax Return. Generally, it takes 20-45 days from the date of e-verification of your Income Tax Return to get your refund credited.

Can a refund be claimed if account number is incorrect?

Unable to credit refund as the account number provided by you is incorrect. This means that the account number provided by you was incorrect. You are requested to apply for refund reissue by providing the correct account number to claim your refund. It may be that your return has been treated as the defective Return.