Enter your income, deductions & TDS paid — instantly see if you'll get a refund, how much, and why. File ITR with confidence.
Annual CTC / total income before any deductions
From Form 16 Part A — total TDS deducted
Know your refund amount before you file
Compare old vs new regime side by side
An income tax refund occurs when the total TDS (Tax Deducted at Source) deducted by your employer and banks exceeds your actual income tax liability for the financial year. This is common when your employer deducts TDS based on a conservative estimate or when you have deductions (80C, 80D, HRA, home loan) that weren't fully communicated to them.
Refund = Total Tax Paid (TDS + Advance Tax) − Actual Tax Liability
Example: Your employer deducted ₹1,20,000 TDS on ₹12L salary. But after your 80C (₹1.5L), 80D (₹25K), and HRA (₹60K) deductions under old regime, your actual tax liability is only ₹85,000. Refund = ₹1,20,000 − ₹85,000 = ₹35,000.
✓ Submit investment proofs to your employer before February — reduces TDS deducted and improves your cash flow during the year.
✓ Claim all eligible deductions when filing ITR — many salaried employees miss 80D (health insurance), 80TTA (savings account interest up to ₹10K), and Section 80E (education loan interest).
✓ E-verify your ITR within 30 days of filing — unverified ITRs are treated as not filed and refunds are not processed.
✓ Link your correct bank account with PAN on the IT portal — refunds fail if account details don't match.
You get a refund when TDS deducted + advance tax paid exceeds your actual income tax liability. Use this calculator — enter your income, deductions, and TDS. If the result shows "Refund Due," file your ITR to claim it. Refunds are credited directly to your bank account after processing.
After filing your ITR and e-verification, refunds are typically processed within 15–45 days for electronically filed returns. If there are mismatches (Form 26AS vs Form 16), it can take 3–6 months. You can track your refund status on the IT portal at incometax.gov.in using your PAN and assessment year.
Yes. The IT Department pays 6% per annum interest under Section 244A if refund is delayed beyond 1 April of the assessment year. This interest is taxable as "Income from Other Sources" in the year of receipt and must be declared in your next ITR.
Section 87A gives a tax rebate of up to ₹25,000 (new regime, income ≤ ₹7L) or ₹12,500 (old regime, income ≤ ₹5L). If your employer deducted TDS without applying this rebate, you can claim the full refund when filing ITR. Always verify via Form 26AS before filing.
Yes. Banks deduct 10% TDS on FD interest above ₹40,000 (₹50,000 for senior citizens). If your total income falls in a lower slab, or you're below the taxable threshold, you can claim the excess TDS back by filing ITR. Submit Form 15G/15H to the bank to prevent future TDS deduction if you're eligible.
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