Taxpayee/Assessee can check the status of refund after 5-7 days from the date of e-filing of Income Tax Return has been accepted by Income Tax Department with OLTAs. The refund of Asstt. Year 2014-15 taxpayee can check after you receive confirmation of acceptance through OnLine Taxes. 'Refund paid' status is also being reflected in the 'Tax Credit Statements' in Form 26AS.
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.