Deadline for filing revised ITRs — urgency and what it means
Today is the last date for taxpayers to file revised income tax returns (ITRs). The focus is on taxpayers who discovered errors or missed claims after filing their original return and planned to correct them before the cut‑off. If you need to change income figures, claim additional deductions, or correct tax credit mismatches, this is the final chance to submit a revised ITR under the current window.
Why some refunds are delayed
Many taxpayers expecting refunds have seen delays. Delays can be frustrating, but they usually happen for identifiable reasons:
- Data mismatch: Differences between reported income, Form 26AS or TDS statements and employer records can trigger verification.
- Bank or PAN mismatches: Incorrect bank account details or a mismatch between PAN and Aadhaar or other identification can hold up processing.
- Manual verification or scrutiny: Returns selected for detailed checks will take longer to clear.
- Processing backlog: High volume around deadlines and system updates can slow down automated processing.
- Errors in return: Calculation mistakes, wrong ITR form used or incomplete annexures can require rectification.
How to check your income tax refund status
Checking the status of your refund is straightforward if you know where to look. The basic steps are:
- Log in to the official income tax e‑filing portal with your credentials.
- Go to the section that shows return filings and select the relevant assessment year.
- Look for the refund status field — it often shows stages like “Refund Issued”, “Refund Paid”, or “Refund Under Process”.
- Also verify your Form 26AS or consolidated tax credit statement to confirm TDS/TCS credits and adjustments.
Information to keep handy
- Assessment year and ITR acknowledgement number
- PAN and bank account details used in the return
- Copies of Form 16/16A or other proof of tax deduction
Immediate actions to take before the deadline
If you still need to act today, prioritize the following:
- File the revised ITR: Correct mistakes or include missed claims. Ensure you select the correct ITR form.
- E‑verify your return: A filed but unverified ITR will not be treated as complete.
- Confirm bank details: Check that your IFSC and account number are correct to avoid refund rejections.
- Keep documentation ready: Upload or retain proof for any additional deductions or corrections you claim in the revised return.
What to do if your refund is delayed
If your refund shows no movement or is stuck, consider these steps:
- Review any notices or communications from the tax department and respond promptly.
- Check for mismatches in tax credit statements and reconcile TDS with payroll records.
- If required, file a rectification or submit clarifications through the e‑filing portal.
- Contact the department’s helpline or grievance redressal channels if automated status messages don’t explain the hold-up.
- Consult a tax professional when returns are selected for scrutiny or if complex adjustments are needed.
Tips to avoid refund delays in future
- File returns early to reduce processing pressure near deadlines.
- Ensure PAN and bank account details match official records.
- Reconcile Form 26AS with income and TDS entries before filing.
- Double‑check calculations and select the correct ITR form for your income sources.
- E‑verify immediately after filing to complete the submission.
Bottom line
With today as the final day to submit revised ITRs, act quickly if you need changes. For those awaiting refunds, delays are often due to data mismatches, verification, or processing backlogs — and most can be resolved by checking records, responding to notices, and ensuring correct bank and PAN details. If problems persist, reach out to appropriate support channels or a tax adviser to avoid further delays.