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Tax Calculators

Tax Refund Estimator

Estimate refund (or balance tax) from tax liability, TDS and advance tax paid.

Enter your details

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From the Income Tax Calculator, after rebate and cess.
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Counted from 1 April of the assessment year (or from the date of filing if filed late). Used only for the interest estimate.
Estimate only. Results depend on the inputs and the rules and rates described below. Verify with the official source or a professional before filing or investing; this is not tax, legal or investment advice.

How it is calculated

Taxes paid = TDS + TCS + advance tax + self-assessment tax.
Refund = taxes paid − total tax liability (if positive); otherwise the difference is balance tax payable.
Indicative interest = refund × 0.5% × months (section 244A).

Worked example

Tax liability ₹1,20,000; TDS ₹1,50,000: refund = ₹30,000. If processing takes 4 months from 1 April of the assessment year, indicative interest = 30,000 × 0.5% × 4 = ₹600.

About the Tax Refund Estimator

Estimate refund (or balance tax) from tax liability, TDS and advance tax paid. This free tax tool runs entirely in your browser: nothing you type is sent to a server, and you can save, print or download the result.

What you need to enter

You will be asked for total tax liability for the year (incl. cess), tds deducted (form 26as / ais), tcs collected, advance tax paid, self-assessment tax paid, months until refund is credited (optional). Fields marked * are required. Every field shows a hint and the allowed range.

How to use it

  1. Fill in the inputs (sample values are pre-filled so you can see how it works).
  2. Press Calculate to see the result, breakdown and chart.
  3. Use Print, Download PDF or Share to keep the result, or come back to it from your saved history.

Who it helps

Salaried individuals, business owners, investors and professionals who want a quick, transparent estimate before they file, invest or plan. If your case has special facts, our team can review it - ask for a consultation.

Results are estimates based on the rules and rates described under "How it is calculated". Laws change and individual facts differ, so confirm with official sources or a qualified professional before acting. This is not tax, legal or investment advice.

Frequently asked questions

How long does a refund take?

Once the return is filed and e-verified, processing is usually completed within a few weeks, but it can take longer if there are mismatches, pending verification or a notice. The status is visible on the e-filing portal.

Why is my refund lower than expected?

The Department may adjust it against outstanding demands, or your TDS may not have been fully deposited by the deductor. Compare the return with Form 26AS and AIS.

Is refund interest taxable?

Yes. Interest under section 244A is taxable income in the year it is received.

Need help beyond the calculator?

Talk to our tax and compliance team for advice based on your documents.