Guide to Requesting a Refund Reissue
If you've been notified by the Income Tax Department or the Refund Banker (SBI) that your income tax refund processing has failed, don't worry! You can easily request a reissue online through the Income Tax e-filing portal. Here's how:
Why Your Refund Might Fail
Sometimes, a refund scheduled for a specific assessment year doesn't hit your bank account. Here are a few common reasons why:
- Bank Account Not Pre-validated: Starting from the assessment year 2022-23, pre-validating your bank account is mandatory.
- Mismatch Between Bank and PAN Details: If your bank account was opened using your Aadhaar details, it might include your middle name, which may not appear on your PAN card.
- Invalid IFSC Code: Banks merge, and IFSC codes can change. Make sure yours is up-to-date.
- Account Closure: If you've closed the account linked to your refund, you'll need to update it.
How to Pre-validate Your Bank Account
- Login to the Income Tax e-filing portal with your user ID (PAN) and password.
- Click on the ‘Dashboard’ tab, select ‘Bank Account’, and hit ‘Update’.
- You'll be directed to ‘My Bank Accounts’. A green tick and ‘validated’ label will confirm your account is ready to go.
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Steps to Request a Refund Reissue Online
Follow these simple steps to make your refund reissue request:
- Login to the Income Tax Portal:
- Go to incometax.gov.in.
- Enter your login details (PAN/Aadhaar and password).
- Access the Refund Reissue Request:
- Go to the Services tab, then Refund Reissue Request.
- Select the relevant assessment year.
- Submit Your Request:
- You'll see a list of pending refunds for different assessment years.
- Click Refund Re-issue on the appropriate card.
- Hit Create New Request to proceed.
- Verify Your Request:
- Choose the bank account where you'd like the refund credited. Only validated accounts will appear.
- If no accounts are listed, go to profile > bank account > validate them.
- Confirmation:
- A success message will confirm your request submission.
Checking the Status of Your Refund Reissue Request
- Login to the Income Tax e-filing portal.
- Go to ‘My Account’, select ‘Service Request’, then choose ‘Request Type’ as ‘View Request’ and ‘Request Category’ as ‘Refund Reissue’.
- Hit ‘Submit’ to view the status of your request.
By following these steps, you can ensure your refund finds its way to your account without hassle. Happy refunding!