How to Claim ITR Refund Income Tax Refund 2026

About This Guide

ITR Refund when TDS > actual tax liability. Common: Bank deducted TDS but below taxable limit; Excess salary TDS; Excess advance tax. Refund automatic after ITR filing + e-verification + processing. Direct credit. Average 2-4 weeks.

Eligibility Criteria

• Filed ITR for AY
• TDS/Advance tax > actual liability
• Valid PAN-Aadhaar linked
• Bank pre-validated
• ITR e-verified within 30 days

Documents Required

Keep these documents ready before starting application. Missing documents = delayed approval.

• Form 16
• Form 16A
• Form 26AS
• AIS
• Bank statements
• PAN, Aadhaar
• Bank account for refund

Step-by-Step Application Process

Follow these steps in order. Each step is critical - skip none.

Key Benefits

• Get back excess tax
• Direct bank credit
• No physical claim
• Annual entitlement
• 6% interest on delayed refunds
• Online tracking
• Multiple years possible

What Happens After Application?

2-4 weeks for refund post processing. If delayed beyond 60 days, raise grievance. Common issues: bank not pre-validated (most common), IFSC wrong, account closed.

Frequently Asked Questions

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