
If you have not yet filed your income tax return, file it soon. The Income Tax Department has fixed July 31 as the last date for filing tax returns for 2022-23. If you file income tax return after this date, then you may have to pay a heavy penalty. The IT department is repeatedly advising taxpayers to file tax returns. You can also get your tax refund by filing tax return in time without penalty. Let us know how you can fill ITR and get refund.
Actually, if your tax deducted is more than the total liability, then you can take refund according to the income tax slab. Also you can know the status of your refund.
Don't make this mistake
At the time of ITR filing, taxpayers sometimes make some minor mistakes. Due to this, there is a delay in getting their refund. If you are also filing income tax return for the first time, then you should avoid making some mistakes. Like you have to fill your correct information on the ITR filing portal. From bank account details to mobile number and email ID, you also have to fill correctly. If you do not fill the correct details, you may face problems in getting the refund. Along with this, you can also get a notice of income tax. Keep in mind that Income Tax verifies all your details and issues refund only after that.
Check your refund like this
You can check your refund status after filing income tax return. For this, you have to visit the e-filing portal and click on Know Your Refund Status. After this you have to enter your PAN number, assessment year and mobile number. After this OTP will come on your mobile. After entering the OTP, you will see the status of your income tax refund within minutes.