Tax refund
The extra income tax you paid during the year, returned to you after you file your return.
A tax refund is the extra tax you paid, coming back. It usually comes from tax cut at source being higher than your final tax. You claim it by filing your return. Read more in income tax refund: claim, track and fix a delay.
Questions people ask
How do I get an income tax refund?
By filing your income tax return. There's no separate refund form. After the return is processed, the refund is paid into a bank account you have validated on the income tax portal.
Where is my refund paid?
Only into a validated bank account on the e-filing portal, per the Income Tax Department. Validation can take about 10 to 12 working days to update, so do it early.
Do I get interest on a tax refund?
Usually, yes. The law pays simple interest on refunds at 0.5% for every month or part of a month, in the cases it lists. Check the current rules for your case.
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