In simple terms, Income Tax Return Status is the position of your filed return with the Income Tax Department (ITD). Tax Refund is issued only after ITR is processed by the ITD. You can determine whether any action is required from your side after looking at the ITR Status.
What are the different ITR statuses in India?
Various ITR Statuses are 1. ITR-V Received, 2. Return uploaded pending for ITR-V/ E-verification, 3. Successfully e-verified, 4. Defective, ITR-Processed. Each status has its meaning and action needs to be performed as per ITR Status.
What does Return uploaded pending for ITR-V/ E-verification mean as ITR staus?
Return uploaded pending for ITR-V/ E-verification is shown when ITR is filed by an individual, but verification of return is not done. ITR can only be processed after e-verification is done successfully. Verification can be done online or by sending a signed copy of the acknowledgment to CPC Bangalore via post.
What does ITR-V Received status mean?
If your ITR status is ITR-V received, then it means a copy of ITR-V sent to you via post is received by the Income Tax Department. No further action is required from the taxpayer when ITR status is ITR-V Received. This status will change once ITR is processed by the department.
What does Successfully e-verified status mean as ITR status?
This status of ITR means, your tax return for a particular financial year is filed and e-verified by you. No further action is required from the taxpayer. Once your ITR will be processed by the income tax department this status will change to ITR Processed.
What does Defective status mean as an ITR status?
If there is any discrepancy in the income tax return then ITR status is shown as defective. In such a case, you will receive an email to your registered email id with the type of discrepancy found in your ITR. The next course of action is to file a Revise ITR with the correct and required details.
How to check ITR status?
To check your Income Tax Return status enter your ITR acknowledgment number and select the assessment year. You will receive ITR acknowledgment number once you successfully file your Income Tax Return.