Image Source: The Economic Times
Taxpayers across India are reporting slower income tax refund processing for FY 2024-25. According to the Central Board of Direct Taxes (CBDT), delays are often linked to mismatched details, incomplete verification, or pending dues. High-value refunds and complex returns are also subject to additional scrutiny before release.
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Inside the announcement
The Income Tax Department has acknowledged that refund timelines have lengthened this year. CBDT officials explained that stricter checks are being applied to ensure accuracy and prevent wrongful claims. While many refunds have already been processed, others are being held back for manual review, especially those involving large sums or multiple income sources.
Experts advise taxpayers to double-check their filings, complete e-verification promptly, and monitor refund status through the official portal. Ensuring correct bank details and reconciling Form 26AS with filed returns can significantly reduce delays.
Notable updates
• Incorrect details such as wrong PAN or bank account can stall refunds
• Pending tax dues or mismatches with Form 26AS trigger additional checks
• Large refunds over ₹1 lakh often require manual review
• Returns with foreign income or capital gains face stricter scrutiny
• Delays common for filings made close to the deadline without timely e-verification
Major takeaway
Refund delays highlight the importance of accurate and timely filing. Taxpayers are encouraged to cross-check details, clear pending dues, and complete verification steps to ensure smoother processing.
Sources: Livemint, Goodreturns, Free Press Journal, Indian Express
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