-
Nov 26, 2025
-
ITR refund delay: CBDT Chairman shares when taxpayers can expect refunds
There’s a high probability that many taxpayers have not received their income tax refund (ITR) filed for the financial year (FY) 2024-25, or assessment year (AY) 2025-26. One must’ve been regularly checking the income tax portal to find any reasons for delay, and yet couldn’t really understand why.
Recently, the chairman of Central Board of Direct Taxes (CBDT), Ravi Agrawal, clarified that many ITRs appear unusual, and that the department is carefully checking any errors in filing. He said 40 percent of more appeals have been settled this year.
While some refunds may get issued earlier, however, large refunds may get delayed due to various discrepancies in the ITR filing, including any arithmetical error, incorrect claim, disallowance of expenditure and deduction claimed beyond the due date, as well as non-validation of taxpayer’s bank account, to cite an example. The ITR verification process is mostly automated.
The good news is that refunds are not very far off. Agrawal said that the remaining refunds should be released by the end of this month or by December.
|