Queries (FAQ) Related to Income Tax Refund. Hi Friends There are Many queries related to income tax refund, here we are providing complete solution of these queries. Frequently Asked Questions related to Income Tax Refund - Who will send the refund to me?, How will the refund be sent to me?, How can I know the status of my refund?, If my bank account has been closed how will I get refund credit into the account?, Whom do I contact if the refund dispatched has not been received?, Whom should I contact for refund related queries?, If somebody else’s refund cheque / advice is delivered to me what should I do? etc. You can find Solution of these Queries from Below. Now youc an scroll down below and check complete details regarding Queries (FAQ) Related to Income Tax Refund
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Who will send the refund to me?
he 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 taxpayerHow 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: - itro@sbi.co.in
State Bank of India
SBIFAST
31, Mahal Industrial Estate
Off Mahakali Caves Road
Andheri (East)
Mumbai - 400 093.
Phone Number: 18004259760 or email at itro@sbi.co.in I have neither received the physical ECS refund advice and status of refund is “unpaid” on website track. Whom do I contact?
State Bank of India
SBIFAST
31, Mahal Industrial Estate
Off Mahakali Caves Road
Andheri (East)
Mumbai - 400 093.
Phone Number: 18004259760 or email at itro@sbi.co.in
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.
State Bank of India
SBIFAST
31, Mahal Industrial Estate,
Off Mahakali Caves Road,
Andheri (East)
Mumbai - 400 093
Phone Number: 18004259760 or email at itro@sbi.co.in Is there any method available to know whether the refund record has been generated for the taxpayer?