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Tax Refund Calculator
Tax paid vs actual liability — refund or balance due.
Enter values to see your result
Frequently asked questions
Why am I getting a refund?
You paid more tax (via TDS + advance tax) than your final liability after claiming all deductions (80C, 80D, HRA, etc.). Refund = excess paid.
How fast is the refund?
After ITR verification: 15–45 days typically. Linked bank account must be pre-validated on the IT portal.
What if I owe balance?
Pay via Challan 280 before filing ITR. After filing without payment, Section 234A interest applies (1%/month) until paid.
Is refund taxable?
No — tax refund itself is not taxable. But any interest paid on refund by the IT department is taxable as "other income".