ITR Refund Status Check by PAN for FY 2025-26 (AY 2026-27)

Are you waiting for your tax refund? Many taxpayers in India look forward to their income tax refunds after filing returns. Checking your ITR refund status by PAN is now easier than ever. This quick process helps you track when your money will reach your bank account.

Filing taxes on time is important. But getting your refund quickly matters too. The Income Tax Department provides simple ways to check your refund status. All you need is your PAN and a few minutes of your time.

This article will guide you through the process of checking your ITR refund status by PAN for FY 2024-25. We will also share tips on speeding up your refund. Plus, learn how planning your taxes can help with major life goals like buying a home through options like Bajaj Housing Finance Home Loan.

Key information

• Assessment year: For the Financial Year (FY) 2025–26, the applicable Assessment Year (AY) is 2026–27. This means income earned between 1 April 2025 and 31 March 2026 will be assessed and processed in AY 2026–27. When you check your ITR refund status by PAN, ensure you select the correct assessment year to avoid confusion or incorrect tracking details.
• Timeline: In most cases, income tax refunds are processed within four to five weeks after the return is successfully verified and processed. However, in some situations, it may take up to 45 days or slightly longer depending on verification checks, bank validation, or higher filing volumes during peak season.
• Failed refunds: If your refund does not reach your bank account, confirm that your bank details are correct. The account must be pre-validated on the income tax portal, active, and properly linked with your PAN. Incorrect IFSC codes or closed accounts often result in refund failure.
• PAN status: Your PAN should be linked with Aadhaar to remain operative. If it becomes inoperative due to non-linking, your refund may not be processed. Always verify this linkage status before filing your return.

Common refund status codes

• Refund processed: This status indicates that the Income Tax Department has completed the processing of your return and determined the refund amount, if any.
• Refund sent/ issued: This means the refund has already been forwarded to your registered bank account for credit. You should receive the amount shortly, depending on bank processing time.
• Refund failed: This status appears when the refund could not be credited. The most common reasons include incorrect bank details, inactive accounts, or issues with pre-validation.
• Adjusted: If this status is shown, your refund has been used to settle any previous outstanding tax demand. The balance amount, if applicable, will be credited accordingly.

What is income tax refund?

An Income Tax Refund happens when you pay more tax than you owe. The government returns this extra amount to you. This often occurs when your employer deducts too much TDS from your salary. It can also happen when you claim deductions or tax credits in your return.

The Income Tax Department processes these refunds after they check your ITR filing. Your ITR refund status by PAN lets you track this process. Refunds normally reach your bank account through direct transfer within a few weeks after processing.

Income tax refund calculation formula

Understanding how your refund is calculated helps you plan better. Here is a simple formula:

Total taxes paid – Actual tax liability = Your refund amount

For example, if you paid Rs. 75,000 in taxes but your actual tax liability is Rs. 60,000, you will get a refund of Rs. 15,000. The ITR refund status by PAN helps you track when this amount will reach you.

How to check ITR Refund Status by PAN

Checking your ITR refund status by PAN is simple. You can do this through the Income Tax e-filing portal. The process takes just a few minutes.

First, visit the official website at incometax.gov.in. Log in using your PAN as username and your password. Next, go to "Services" and select "Refund/Demand Status." The system will show your current refund status.

You can also check through the NSDL TIN website. Enter your PAN and assessment year. The site will display your ITR refund status by PAN right away. If you prefer phone support, the tax department helpline can assist you too.

Most important date for income tax return filling for FY 2025-26 (AY 2026-27)

Knowing the key dates helps you avoid penalties. Here are the important dates:

Missing these dates can delay your refund. Filing early means your ITR refund status by PAN will show results sooner. Early filers also avoid the rush and technical issues that often happen near the deadline.

Income tax refund interest rate

The government pays interest on delayed refunds. Here are the current rates:

You can check if interest has been added when you do your ITR refund status by PAN. This interest is taxable in the year you receive it, so remember to include it in your next return.

Income tax refund customer care phone number

Need help with your refund? Contact these numbers:

Besides calling these numbers, your ITR refund status by PAN on the website remains the fastest way to track your refund. For complex issues, you might need to visit your local income tax office.

Critical changes and consequences

• Staggered deadlines: From FY 2025–26 onwards, filing deadlines are no longer uniform for all taxpayers. Small businesses and professionals who file ITR-3 or ITR-4 (non-audit cases) have been given additional time up to 31 August to submit their returns. This change aims to reduce last-minute rush and system overload during peak filing periods.
• Revised return extension: As announced in Budget 2026, taxpayers now have the option to revise a filed return until 31 March 2027. Earlier, the last date for revision was 31 December. This extended window allows individuals to correct genuine mistakes or omissions by paying a prescribed fee, helping them avoid stricter penalties or compliance issues later.
• Late filing fees: If you fail to file your return by the original deadline (July or August, as applicable), you can still submit a belated return up to 31 December 2026. However, a penalty of Rs. 5,000 may apply. This fee is reduced to Rs. 1,000 if your total income does not exceed Rs. 5 lakh.
• Interest on delay: Any delay beyond the original due date may attract interest under Section 234A. The rate is 1% per month or part of a month on the unpaid tax amount until the date of actual filing. This additional cost can increase your overall tax liability if not addressed promptly.

Make your home loan journey smoother with smart tax planning

Planning your taxes properly can help you achieve your dream of home ownership faster. A timely tax refund can contribute to your down payment or help manage other home-buying expenses.

Bajaj Housing Finance Home Loan offers several features that make your home buying journey easier:

• Interest rates starting from just 7.15%* p.a., making your dream home more affordable through lower EMIs.
• Loan amounts up to Rs. 15 Crore* based on eligibility to fulfil your housing dreams.
• Flexible loan tenure of up to 32 years allows you to balance your monthly budget with comfortable repayments.
• EMIs as low as Rs. 664/lakh*.
• Quick disbursal within 48 Hours*.
• Home loan balance transfer facility with attractive interest rates.
• Zero foreclosure charges for individuals with floating interest rates, giving you freedom to close your loan early.
• Top-up loan facility of up to Rs. 1 crore lets you access additional funds for renovation or other needs.
• Over 5,000 pre-approved projects ensure faster processing for many popular residential developments.

While waiting for your ITR refund status by PAN results, start planning your home loan application. The process is hassle-free with doorstep document pickup service that saves you multiple branch visits.

The home loan balance transfer option from Bajaj Housing Finance allows you to move your existing loan at competitive rates starting from 7.25%* p.a.. This can significantly reduce your overall interest payments.

Ready to take the next step? Visit the Bajaj Finserv website today to calculate your EMI or start your application. Turn your tax planning into a stepping stone toward your dream home!