{"id":3023,"date":"2019-12-07T16:36:41","date_gmt":"2019-12-07T11:06:41","guid":{"rendered":"https:\/\/aktassociates.com\/blog\/?p=3023"},"modified":"2019-12-07T16:46:50","modified_gmt":"2019-12-07T11:16:50","slug":"income-tax-refund","status":"publish","type":"post","link":"https:\/\/aktassociates.com\/blog\/income-tax-refund\/","title":{"rendered":"Know All About Income Tax Refund"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The assessee will get the Income Tax Refund if the taxes paid by him are in excess of his actual liability to pay. In this article, we shall discuss such an Income Tax Refund in detail.<\/span><\/p>\n<p><a href=\"https:\/\/aktassociates.com\/business-compliance\/yearly-compliance\/it-return-filing\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3030\" src=\"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/12\/Income-Tax-Refund-2.png\" alt=\"Income Tax Refund \" width=\"700\" height=\"400\" srcset=\"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/12\/Income-Tax-Refund-2.png 700w, https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/12\/Income-Tax-Refund-2-300x171.png 300w, https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/12\/Income-Tax-Refund-2-20x11.png 20w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >In this article, we will discuss about...<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #1e73be;color:#1e73be\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #1e73be;color:#1e73be\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#Contents_of_the_Article\" title=\"Contents of the Article\">Contents of the Article<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#Income_Tax_Refund\" title=\"Income Tax Refund\">Income Tax Refund<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#How_to_claim_Income_Tax_Refund\" title=\"How to claim Income Tax Refund\">How to claim Income Tax Refund<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#Interest_on_Income_Tax_Refund\" title=\"Interest on Income Tax Refund\">Interest on Income Tax Refund<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#How_to_check_refund_status\" title=\"How to check refund status\">How to check refund status<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#Adjusting_the_Refund_due_with_the_Income_Tax_Refund\" title=\"Adjusting the Refund due with the Income Tax Refund\">Adjusting the Refund due with the Income Tax Refund<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#Reasons_for_Refund_Failure\" title=\"Reasons for Refund Failure\">Reasons for Refund Failure<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Contents_of_the_Article\"><\/span><b>Contents of the Article<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li><b><span style=\"font-weight: 400;\">Income Tax Refunds<\/span><\/b><\/li>\n<li><span style=\"font-weight: 400;\">How to <a href=\"https:\/\/aktassociates.com\/blog\/refund-under-gst\/\">claim Income Tax Refund<\/a><\/span><\/li>\n<li><span style=\"font-weight: 400;\">Interest on Income Tax Refund<\/span><\/li>\n<li><span style=\"font-weight: 400;\">How to check refund status<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Adjusting the Refund due with the Income Tax Refund<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Reasons for Refund Failure<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Income_Tax_Refund\"><\/span><b>Income Tax Refund<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Income Tax Refund is the payment made to the taxpayer, when he pays Taxes via advance tax, TDS, Self-Assessment Tax more than his actual tax liability.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_to_claim_Income_Tax_Refund\"><\/span><b>How to claim Income Tax Refund<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">As per the Income Tax act, the Taxpayer can claim the refund of the excess taxes paid\/deducted to him by filing a true return of income of the relevant assessment year within the specified due dates.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">After filing the return of income, the income tax department verifies and processes the same to check the genuineness of the return of income. After verification, the income tax department issues the refund to the taxpayer by crediting it to the prevalidated bank account of such taxpayer.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Interest_on_Income_Tax_Refund\"><\/span><b>Interest on Income Tax Refund<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">If the Taxpayer has paid an excess tax amount than he actually owes and such excess tax is 10% or more of actual taxes paid, then the taxpayer is entitled to get interested in such an income tax refund.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As per section 244 of the Income Tax act, the Taxpayer will get interested in<a href=\"https:\/\/aktassociates.com\/blog\/tax-refund-without-intimation-under-section-245\/\"> Income Tax refund<\/a> at the rate of 0.5% per month or part of the month (6% per annum) on the refund amount. <\/span><span style=\"font-weight: 400;\">If the return has been filed within the due date and tax includes the TDS or advance tax or TCS then the Interest shall be computed from 1<\/span><span style=\"font-weight: 400;\">st<\/span><span style=\"font-weight: 400;\"> April of the assessment year till the date of granting such refund amount and if such refund is due to only self-assessment tax then Interest shall be computed from the date of <a href=\"https:\/\/aktassociates.com\/blog\/income-tax-return-filing\/\">filing of ITR<\/a>. In case the return has not been filed within the due date and assessee claims for the refund the interest shall be computed from the date of filing of ITR.<\/span><span style=\"font-weight: 400;\"> However, no refund shall be issued if the refund amount is less than 10% of the taxes paid.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_to_check_refund_status\"><\/span><b>How to check refund status<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">A taxpayer can check his refund status online either by<\/span> visiting the NSDL website (https:\/\/tin.tin.nsdl.com\/oltas\/refund-status-pan.html), which means at this website, you can check the status of refund without login to your account. You just have to enter the PAN number and the assessment year; or<\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">by logging into the Income Tax e-filing portal.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">At the aforesaid NSDL site, the taxpayer needs to enter and submit the PAN, relevant assessment year and captcha image, after submitting such details a screen shall be displayed containing the details of refund status.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Practically, it is seen that the assessee gets the refund within a period of 40 to 45 days from the date of filing of return of income. However, if you did not receive the refund then you may even send the request for a refund by log in to your account at the income tax website.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Adjusting_the_Refund_due_with_the_Income_Tax_Refund\"><\/span><b>Adjusting the Refund due with the Income Tax Refund<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">If in case the taxpayer has any outstanding dues from the earlier assessment year\/years, the assessing officer by giving an <a href=\"https:\/\/aktassociates.com\/blog\/tax-refund-without-intimation-under-section-245\/\">intimation notice u\/s 245<\/a> of the income tax act, adjusts such outstanding tax dues with the refund due to the assessee.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the assessee does not agree with such a demand notice issued, he has to respond online within a period of 30 days. In case of no response by the assessee within the prescribed period of 30 days, the assessing officer shall proceed forwards to adjust the refund amount as per the notice.<\/span><\/p>\n<h3><a href=\"https:\/\/aktassociates.com\/business-compliance\/yearly-compliance\/it-return-filing\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3026\" src=\"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/12\/Get-Your-Income-Tax-Refund.png\" alt=\"Income Tax Refund\" width=\"700\" height=\"150\" srcset=\"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/12\/Get-Your-Income-Tax-Refund.png 700w, https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/12\/Get-Your-Income-Tax-Refund-300x64.png 300w, https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/12\/Get-Your-Income-Tax-Refund-20x4.png 20w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/a><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"Reasons_for_Refund_Failure\"><\/span><b>Reasons for Refund Failure<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">There are few cases where the income tax department processes the refund due to the assessee, but the same has been not credited to the bank account of the assessee. In such cases, the assessee has to request for refund re-issue. Below are the reasons for such refund failure<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Providing an Invalid bank account number or IFSC Code at the time of filing return of income<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Closing the Bank account which was provided as the primary account for issuing a refund.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Failed to link the bank account number with PAN number.<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The assessee will get the Income Tax Refund if the taxes paid by him are in excess of his actual &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Know All About Income Tax Refund\" class=\"read-more button\" href=\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#more-3023\">Read more<span class=\"screen-reader-text\">Know All About Income Tax Refund<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":3032,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[88],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Know All About Income Tax Refund AKT Associates<\/title>\n<meta name=\"description\" content=\"The assessee will get the Income Tax Refund if the taxes paid by him are in excess of his actual liability to pay. In this article, we shall discuss such an Income Tax Refund in detail.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Know All About Income Tax Refund AKT Associates\" \/>\n<meta property=\"og:description\" content=\"The assessee will get the Income Tax Refund if the taxes paid by him are in excess of his actual liability to pay. In this article, we shall discuss such an Income Tax Refund in detail.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/\" \/>\n<meta property=\"og:site_name\" content=\"AKT Associates\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-07T11:06:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-12-07T11:16:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/12\/Income-Tax-Refund-3-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"CA Arun Tiwari\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"CA Arun Tiwari\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/\"},\"author\":{\"name\":\"CA Arun Tiwari\",\"@id\":\"https:\/\/aktassociates.com\/blog\/#\/schema\/person\/27565c59ca4857ec78a645bd21dca21d\"},\"headline\":\"Know All About Income Tax Refund\",\"datePublished\":\"2019-12-07T11:06:41+00:00\",\"dateModified\":\"2019-12-07T11:16:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/\"},\"wordCount\":735,\"commentCount\":2,\"publisher\":{\"@id\":\"https:\/\/aktassociates.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/12\/Income-Tax-Refund-3-1.png\",\"keywords\":[\"income tax refund\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/\",\"url\":\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/\",\"name\":\"Know All About Income Tax Refund AKT Associates\",\"isPartOf\":{\"@id\":\"https:\/\/aktassociates.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/12\/Income-Tax-Refund-3-1.png\",\"datePublished\":\"2019-12-07T11:06:41+00:00\",\"dateModified\":\"2019-12-07T11:16:50+00:00\",\"description\":\"The assessee will get the Income Tax Refund if the taxes paid by him are in excess of his actual liability to pay. In this article, we shall discuss such an Income Tax Refund in detail.\",\"breadcrumb\":{\"@id\":\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#primaryimage\",\"url\":\"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/12\/Income-Tax-Refund-3-1.png\",\"contentUrl\":\"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/12\/Income-Tax-Refund-3-1.png\",\"width\":500,\"height\":300,\"caption\":\"Income Tax Refund\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/aktassociates.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Know All About Income Tax Refund\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/aktassociates.com\/blog\/#website\",\"url\":\"https:\/\/aktassociates.com\/blog\/\",\"name\":\"AKT Associates\",\"description\":\"World&#039;s first WhatsApp based Tax Compliance Firm\",\"publisher\":{\"@id\":\"https:\/\/aktassociates.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/aktassociates.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/aktassociates.com\/blog\/#organization\",\"name\":\"AKT Associates\",\"url\":\"https:\/\/aktassociates.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/aktassociates.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/06\/cropped-akt-associates-blog-logo.jpg\",\"contentUrl\":\"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/06\/cropped-akt-associates-blog-logo.jpg\",\"width\":70,\"height\":70,\"caption\":\"AKT Associates\"},\"image\":{\"@id\":\"https:\/\/aktassociates.com\/blog\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/aktassociates.com\/blog\/#\/schema\/person\/27565c59ca4857ec78a645bd21dca21d\",\"name\":\"CA Arun Tiwari\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/aktassociates.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/854bca151173b3a487a918c60c6bae56?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/854bca151173b3a487a918c60c6bae56?s=96&d=mm&r=g\",\"caption\":\"CA Arun Tiwari\"},\"url\":\"https:\/\/aktassociates.com\/blog\/author\/arunsir\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Know All About Income Tax Refund AKT Associates","description":"The assessee will get the Income Tax Refund if the taxes paid by him are in excess of his actual liability to pay. In this article, we shall discuss such an Income Tax Refund in detail.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/aktassociates.com\/blog\/income-tax-refund\/","og_locale":"en_US","og_type":"article","og_title":"Know All About Income Tax Refund AKT Associates","og_description":"The assessee will get the Income Tax Refund if the taxes paid by him are in excess of his actual liability to pay. In this article, we shall discuss such an Income Tax Refund in detail.","og_url":"https:\/\/aktassociates.com\/blog\/income-tax-refund\/","og_site_name":"AKT Associates","article_published_time":"2019-12-07T11:06:41+00:00","article_modified_time":"2019-12-07T11:16:50+00:00","og_image":[{"width":500,"height":300,"url":"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/12\/Income-Tax-Refund-3-1.png","type":"image\/png"}],"author":"CA Arun Tiwari","twitter_card":"summary_large_image","twitter_misc":{"Written by":"CA Arun Tiwari","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#article","isPartOf":{"@id":"https:\/\/aktassociates.com\/blog\/income-tax-refund\/"},"author":{"name":"CA Arun Tiwari","@id":"https:\/\/aktassociates.com\/blog\/#\/schema\/person\/27565c59ca4857ec78a645bd21dca21d"},"headline":"Know All About Income Tax Refund","datePublished":"2019-12-07T11:06:41+00:00","dateModified":"2019-12-07T11:16:50+00:00","mainEntityOfPage":{"@id":"https:\/\/aktassociates.com\/blog\/income-tax-refund\/"},"wordCount":735,"commentCount":2,"publisher":{"@id":"https:\/\/aktassociates.com\/blog\/#organization"},"image":{"@id":"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#primaryimage"},"thumbnailUrl":"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/12\/Income-Tax-Refund-3-1.png","keywords":["income tax refund"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/aktassociates.com\/blog\/income-tax-refund\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/aktassociates.com\/blog\/income-tax-refund\/","url":"https:\/\/aktassociates.com\/blog\/income-tax-refund\/","name":"Know All About Income Tax Refund AKT Associates","isPartOf":{"@id":"https:\/\/aktassociates.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#primaryimage"},"image":{"@id":"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#primaryimage"},"thumbnailUrl":"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/12\/Income-Tax-Refund-3-1.png","datePublished":"2019-12-07T11:06:41+00:00","dateModified":"2019-12-07T11:16:50+00:00","description":"The assessee will get the Income Tax Refund if the taxes paid by him are in excess of his actual liability to pay. In this article, we shall discuss such an Income Tax Refund in detail.","breadcrumb":{"@id":"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/aktassociates.com\/blog\/income-tax-refund\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#primaryimage","url":"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/12\/Income-Tax-Refund-3-1.png","contentUrl":"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/12\/Income-Tax-Refund-3-1.png","width":500,"height":300,"caption":"Income Tax Refund"},{"@type":"BreadcrumbList","@id":"https:\/\/aktassociates.com\/blog\/income-tax-refund\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/aktassociates.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Know All About Income Tax Refund"}]},{"@type":"WebSite","@id":"https:\/\/aktassociates.com\/blog\/#website","url":"https:\/\/aktassociates.com\/blog\/","name":"AKT Associates","description":"World&#039;s first WhatsApp based Tax Compliance Firm","publisher":{"@id":"https:\/\/aktassociates.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/aktassociates.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/aktassociates.com\/blog\/#organization","name":"AKT Associates","url":"https:\/\/aktassociates.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/aktassociates.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/06\/cropped-akt-associates-blog-logo.jpg","contentUrl":"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2019\/06\/cropped-akt-associates-blog-logo.jpg","width":70,"height":70,"caption":"AKT Associates"},"image":{"@id":"https:\/\/aktassociates.com\/blog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/aktassociates.com\/blog\/#\/schema\/person\/27565c59ca4857ec78a645bd21dca21d","name":"CA Arun Tiwari","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/aktassociates.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/854bca151173b3a487a918c60c6bae56?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/854bca151173b3a487a918c60c6bae56?s=96&d=mm&r=g","caption":"CA Arun Tiwari"},"url":"https:\/\/aktassociates.com\/blog\/author\/arunsir\/"}]}},"_links":{"self":[{"href":"https:\/\/aktassociates.com\/blog\/wp-json\/wp\/v2\/posts\/3023"}],"collection":[{"href":"https:\/\/aktassociates.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aktassociates.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aktassociates.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/aktassociates.com\/blog\/wp-json\/wp\/v2\/comments?post=3023"}],"version-history":[{"count":5,"href":"https:\/\/aktassociates.com\/blog\/wp-json\/wp\/v2\/posts\/3023\/revisions"}],"predecessor-version":[{"id":3031,"href":"https:\/\/aktassociates.com\/blog\/wp-json\/wp\/v2\/posts\/3023\/revisions\/3031"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aktassociates.com\/blog\/wp-json\/wp\/v2\/media\/3032"}],"wp:attachment":[{"href":"https:\/\/aktassociates.com\/blog\/wp-json\/wp\/v2\/media?parent=3023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aktassociates.com\/blog\/wp-json\/wp\/v2\/categories?post=3023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aktassociates.com\/blog\/wp-json\/wp\/v2\/tags?post=3023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}