Priyanka Personal Finance
Smart Money · Simple Words · India
Smart Money · Simple Words · India
Too much TDS deducted from your salary or payments? Enter your income, tax regime and the TDS from your Form 16 / 26AS to instantly estimate your income tax refund and when to expect it.
Estimate only · Not tax advice · Uses standard slab rates & simplified rules for FY 2025-26 (AY 2026-27) · Actual refund depends on your full ITR & 26AS · Consult a CA
A TDS refund arises when the tax deducted at source from your salary, interest or other payments is more than your actual income-tax liability for the year. When you file your ITR, the excess is refunded to your bank account. This happens a lot — for example when you didn't declare 80C/80D investments to your employer in time, or your bank deducted TDS on FD interest even though your total income is below the taxable limit.
Need to compute tax first? Use our Income Tax Calculator or TDS Calculator.
Your refund is the excess of TDS deducted over your actual income-tax liability. The tool computes tax on your taxable income (after the standard deduction and any eligible deductions) under your chosen regime, adds 4% cess, and subtracts it from the TDS already deducted.
After you file and e-verify your ITR, refunds are usually credited within about 2 to 8 weeks once the return is processed. Make sure your bank account is pre-validated and linked to your PAN to avoid delays.
Common reasons include a mismatch between your return and Form 26AS/AIS, an un-validated bank account, outstanding tax demand from a previous year adjusted against the refund, or claiming deductions the department disallows.
No. It is an estimate using standard slab rates and simplified rules. Your actual refund depends on the full return, all income heads, TDS in Form 26AS/AIS and departmental processing. Always verify with your ITR.