Search This Blog

Loading...

Check your income tax refund status online with Refund Banker Scheme of Tin-nsdl

Tuesday, November 20, 2012

Now check your income tax refund status more easily with Refund Banker Scheme of Tin-NSDL.  Previously refund status was available only for registered user of income tax website.  Now you may know your CPC processed refund status with providing Pan number and assessment year.  You may also know about your refund status in your Form 26AS.  Details of 'Refund Banker Scheme' is given below:


Tax Information Network
of Income Tax Department
REFUND STATUS
Refund Banker



The 'Refund Banker Scheme,' which commenced from 24th Jan 2007, is now operational for taxpayers assessed all over India (except at Large Taxpayer Units) and for returns processed at CPC (Centralized Processing Centre) of the Income Tax Department at Bangalore.

In the 'Refund Banker Scheme' the refunds generated on processing of Income tax Returns by the Assessing officers/ CPC-Bangalore are transmitted to State Bank of India, CMP branch, Mumbai (Refund Banker) on the next day of processing for further distribution to taxpayers.

Refunds are being sent in following two modes:

RTGS / NECS: To enable credit of refund directly to the bank account, Taxpayer.s Bank A/c (at least 10 digits), MICR code of bank branch and correct communication address is mandatory.

Paper Cheque: Bank Account No, Correct address is mandatory.

Taxpayers can view status of refund 10 days after their refund has been sent by the Assessing Officer to the Refund Banker - by entering 'PAN' and 'Assessment Year' below.

Other Refunds

Status of 'paid' refund, being paid other than through 'Refund Banker,' can also be viewed at www.tin-nsdl.com by entering the 'PAN' and 'Assessment Year' below.

'Refund paid' status is also being reflected in the 'Tax Credit Statements' in Form 26AS.

Click here to go to Refund Banker to check your refund status

Frequently Asked Question - Refund Banker



  • From which date the refund banker has been implemented?

The refund banker has been implemented from January 24, 2007.


  • In which cities the refund banker has been implemented ?

The refund banker facility is operational for non-corporate taxpayers assessed all over India.


  • Who will send the refund to me?

The State Bank of India (SBI) is the refund banker to the Income Tax Department (ITD). The Cash Management Product department of SBI (CMP SBI) processes the refunds under the refund banker scheme. Details of refunds are forwarded to CMP SBI by the ITD. CMP SBI processes the refunds and sends the refund intimation to the taxpayer.


  • How will the refund be sent to me?

Refunds are generated in two modes i.e., ECS and paper . If the taxpayer has selected mode of refund as ECS (direct credit in the bank account of the taxpayer) at the time of submission of income return the taxpayer’s bank A/c (at least 10 digits ) and MICR code of bank branch and communication address are mandatory .
For taxpayers who have not opted for ECS refund will be disbursed by cheque or demand draft.
For generation of refund through paper cheque bank account no, correct address is mandatory.

  • How can I know the status of my refund?

The taxpayer can track the status of its refund from the Departmental Website www.incometaxindia.gov.in / NSDL-TIN website www.tin-nsdl.com by clicking on “Status of Tax Refunds”.

Refund status can be tracked by entering the PAN and Assessment Year for which refund is to be tracked.

Status of the refund can also be tracked by contacting the help desk of SBI's at toll free number: 18004259760 or email at: - .


  • If I have shifted my residence whom should I contact for updating my correspondence address for receipt of refund?

The tax payer should contact its Assessing Officer and inform about the change in the correspondence address.


  • If my bank account has been closed how will I get refund credit into the account?

In case of change or updation in the bank account number the taxpayer should provide the correct account number along with the MICR code where credit is to be effected to the Assessing Officer.


  • Whom do I contact if the refund dispatched has not been received?

The tax payer can contact its local post office with the speed post ref no displayed at the NSDL-TIN website


  • I have received the physical ECS refund advice and status of refund is “paid” on website of refund status track but my account has not been credited. Whom do I contact?

In case credit is not effected in the taxpayer account through ECS but the refund advice has been received by the taxpayer AND the status shown is “paid”- in that case, the tax payer should contact his bank or SBI. You should contact SBI at the following address.

Cash Management Product (CMP)
State Bank of India
SBIFAST
31, Mahal Industrial Estate
Off Mahakali Caves Road
Andheri (East)
Mumbai - 400 093.
Phone Number: 18004259760 or email at


  • I have neither received the physical ECS refund advice and status of refund is “unpaid” on website track. Whom do I contact?

The tax payer should provide the correct account number and MICR code to concerned Assessing officer, where credit is to be effected. The Assessing Officer will inform SBI to send a fresh refund cheque to the taxpayer.


  • If the date of encashing the refund cheque expires, whom should I contact?

The tax payer should contact their Assessing Officer as well as CMP SBI at the below address:

Cash Management Product (CMP)
State Bank of India
SBIFAST
31, Mahal Industrial Estate
Off Mahakali Caves Road
Andheri (East)
Mumbai - 400 093.
Phone Number: 18004259760 or email at


  • How do I rectify any mistakes in the name, assessment year, PAN, account number printed on the refund cheque delivered to me?

In case of any mistakes on the refund cheque delivered to you, the following should be done:

i) Send the original refund cheque to CMP, State Bank of India at SBIFAST 31, Mahal Industrial Estate, Off Mahakali Caves Road, Andheri East, Mumbai - 400 093, Phone Number: 18004259760, along with a letter informing the mistakes on the refund cheque.
ii) Send a copy of the letter along with a copy of the refund cheque to your Assessing Officer.
iii) Retain a copy of the letter and refund cheque with you.


  • If somebody else’s refund cheque / advice is delivered to me what should I do?

You should contact SBI at the following address and return the refund cheque / advice.

Cash Management Product
State Bank of India
SBIFAST
31, Mahal Industrial Estate,
Off Mahakali Caves Road,
Andheri (East)
Mumbai - 400 093
Phone Number: 18004259760 or email at

Is there any method available to know whether the refund record has been generated for the taxpayer?
The taxpayer can track the status of its refund from the NSDL-TIN website www.tin-nsdl.com by clicking on “Status of Tax Refunds”.


  • Refund status can be tracked by entering the PAN and Assessment Year for which refund is to be tracked.


Status of the refund can also be tracked by contacting the help desk of SBI at 080-26599760.


  • Whom do I contact for queries related to payment of refund which has been processed by ITD?

For any payment related query the taxpayer should contact SBI at 18004259760 or email at .


  • Whom should I contact for refund related queries?

For any refund related query the tax payer should contact Aaykar Sampark Kendra at 0124 2438000 or email at .

For refund related query/ or any modification in refund record relating to Return processed at CPC Bangalore, the CPC may be contacted by the taxpayer on 1-8004252229 or 080-43456700.


Source: Tin-nsdl


Stay connected with us via Facebook, Google+ or Email Subscription.

Subscribe to Central Government Employee News & Tools by Email [Click Here]
Follow us: Twitter [click here] | Facebook [click here] Google+ [click here]
Admin

Related Post

No comments:

Post a Comment

Don't hesitate to express yourself. Please write your valuable comments.

Latest on One Rank One Pension


To read more related article click here

Latest on Rank Pay for Defence

Latest on National Anomaly Committee

Latest on Central Government Health Scheme (CGHS)

Latest on CS (MA) Rules, 1944

LATEST ON GENERAL PROVIDENT FUND

CADRE RESTRUCTURING/REVIEW

Frequently Asked Questions (FAQ)

Reservation in Govt Service

Latest on Right to Information (RTI) Act

Administrative Reforms

CCS Revised Pay Rules

APAR/ACR Matters

CCS (Conduct) Rules

Recent CAT Order

All India Service

 

ShareThis

Stay Connected

You can get the fast, latest updates delivered to you for free via Email, NO SPAM

Enter your email address & click subscribe:

Don't Forget to Activate the Email Subscription from your E-MAIL Inbox

Follow us on and get quick updates-
twitter facebook+Logo google+

Kiran

LIVE Calendar with (G)-Gazetted Leave (R)-Restricted Leave

Just in / Latest / Recent

Google+ Followers

Important

 

* Recruitment Rules - Deputation, Promotions, Absorption

 No proposal for increase the age of retirement : Govt reply

* Grant of Minimum Entry Pay applicable to DRs:Finmin Rejection

* DA reached 80% – what will happen, if DA crosses 100 

* Implementation of SC decision for amending Rules of Promotion

* CAT Order: Regarding stepping up of pay at par with junior

* Leave Encashment on LTC may be allowed 60 days before

* Remove GP 2000; 5400- Accounts Staff, 2800-Clerks:Railwaymen

* Consolidated orders on relaxation in upper age limit

 

* Setting up 7th CPC is not under consideration * Ajay Maken Letter

*  Master Circular on New Pension Scheme/National Pension System

* 7th CPC headed by C Rangarajan, former Governor of RBI

* Expected DA Jul-2013: 90%(10% increase) * Arrears Calculation

* Finance Ministry rejected proposal for GP 5400 to Group 'B' Gaz

* Recovery of dues from a Government servant ....

* One increment on promotion in Same Grade Pay: Order

Recent Comments