For the first time since the 1947 Partition of India, a university in Pakistan has resumed the teaching of Sanskrit – initially offered as a workshop, it has now expanded into a four-credit course. Lahore University of Management Sciences (LUMS) is teaching Sanskrit in its classrooms due to
Income Tax Refund Delay 2025: Reasons, Release Date, How To Check Status, User Manual, All You Need To Know
Income Tax Refund Delay 2025: Reasons, Release Date, How To Check Status, User Manual, All You Need To Know
Income Tax Refund Delay 2025: Many taxpayers are still waiting for their income tax refunds, even as the payouts this year have been delayed longer than usual for some people. Though a large number of taxpayers have already received it, some refunds are pending due to claims that were identified as ‘red flags' by the income tax department's system.
A total of 6.97 crore ITRs were filed by taxpayers in the assessment year 2025-26.
Why the Delay In Some Refunds This Year?
CBDT Chairman Ravi Agrawal has said the income tax department is reviewing cases involving questionable deduction claims, which has slowed down the release of some refunds. He noted that legitimate refunds are expected to be cleared by December.
According to Agrawal, certain refund applications were flagged as “high-value" or “red-flagged" by the system because of the nature of deductions claimed. “We have also written to the taxpayers to file a revised return in case they have forgotten something," he said, speaking to reporters at an event at Bharat Mandapam, PTI reported.
Agrawal said a “negative growth" was being seen in refunds, maybe because refund claims have also gone down, even as TDS (Tax Deducted at Source) rates were rationalised.
When Will Refunds Be Released?
The CBDT chairman said legitimate payouts are expected by December.
“Low-value refunds are being released. We have analysed and found that some wrong refunds or deductions were being claimed. So, this is a continuous process. We hope to release the remaining refunds by this month or by December," Agrawal told reporters after he inaugurated a taxpayers' lounge at the ongoing India International Trade Fair (IITF) last week.
It is important to note that as per income tax rules, if the department takes longer to process your genuine refund, even for reasons such as the current enhanced scrutiny, you are eligible for interest on the delayed amount. The interest rate is 0.5% per month.
How To Check Income Tax Refund Status? A Step-By-Step Guide
1. Visit e-filing portal – https://www.incometax.gov.in/iec/foportal/.
2. Enter User ID and Password.
3. Go to ‘e-File' tag > Income Tax Returns > View Filed Returns.
4. You can now check the refund status for the assessment year 2025-26.
It will show ‘under processing', ‘partial refund adjusted', ‘full refund adjusted' or ‘refund failure'.
Reasons For Refund Failure
A refund from the Income Tax Department scheduled to be paid may fail to get credited to your bank account for the following reasons:
1. If your PAN is inoperative, your refund will get failed and you will see a warning message to link your PAN with the Aadhaar.
2. In case the bank account is not pre-validated. It is now compulsory to pre-validate your bank account.
3. The name mentioned in the bank account does not match with PAN card details.
Swipe Left For Next Video
4. In case of an invalid IFSC code.
5. If the account that you have mentioned in the ITR has been closed.
Source: News18
Related Posts: Is Your Income Tax Refund Still Pending Income Tax Refund Delay Income Tax department issues draft rules for new Income Tax Act 2025 Income Tax Refund Refund stuck? Check Interest Payable To Salaried Taxpayers On Delayed ITR Slab-Wise Tax Rates If Your Income Exceeds Rs 12L In New Tax Regime Tax Year’ Replacing ‘Assessment Year’ In New Income Tax Law From 1 April 2026 New Income Tax Draft Rules Bring Old Tax Regime Back Into Focus Will Your Tax Slab Change Under New Income Tax Act How NPS Helps Lower Income Tax In Old Vs New Tax Regime
For the first time since the 1947 Partition of India, a university in Pakistan has resumed the teaching of Sanskrit – initially offered as a workshop, it has now expanded into a four-credit course. Lahore University of Management Sciences (LUMS) is teaching Sanskrit in its classrooms due to
2 months ago
