Filing income tax is mandatory for all individuals with taxable income. Salaried individuals can file their income tax return (ITR) by the July 30 deadline without penalty. Those who miss the deadline can do so by December 31, 2024, with a fine. Likewise, if they have paid more in taxes for a particular financial year, they will get a refund after a certain period after filing the taxes. However, it is important to calculate the correct tax liability after deductions and exemptions. It is also crucial to link your Permanent Account Number (PAN) and Aadhaar before proceeding. Those who have completed the process, including return verification, will receive a refund for any extra tax paid during a fiscal year. The refund status can be checked on the I-T Department’s official e-filing website. To check the refund status, you must follow the following steps: ALSO READ: What Is Capital Gain Account Scheme And When Will You Need It? All You Need To Know Step1: Log into your e-filing portal Step 2: On the ‘e-file’ tab, select ‘View filed returns’. Step 3: After that, you can see the details of your refund status. Click ‘View information’ to see the history and the current status. Step 4: If a refund has been provided, the data will be updated, including the mode of payment, return amount, and date of clearing.

Special allowance Photo: Special allowance
Special allowance Photo: Special allowance

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