I was working with a company till the end of October 2015. The company deducted ₹20,000 from my final settlement as income tax, based on the provisional investments (child's tuition fee, Mediclaim premium, HRA) declared by me. I joined a new company in November 2015. I have showed them my home loan interest certificate issued from the bank and also my LIC premium receipts. I would like to know how the income tax which got deducted in my previous company will be refunded.
- Rajan CRP
You can claim your tax refund by filing the Income Tax Return on your income. The last date for filing Income Tax return for salaried employees is July 31. However, government often extends the deadline.
After filing your return, you can check the status of your refund here.
You should enter your PAN and the assessment year to which the refund relates in the relevant fields. If you file your return on 31st July 2016, then the assessment year 2016-17 for you.
This article was originally published on December 01, 2015.
Ask Value Research 
New episodes every Friday 
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
