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Mar 25, 2026
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Income tax refund delays FY 2025-26: Over 27 lakh ITRs yet to be processed — why refunds are taking longer
Income tax refund delays have once again become a talking point among taxpayers in FY 2025-26, with many still waiting for their money to hit their bank accounts months after filing returns.
The latest official data highlights the scale of the issue — even as the system has processed a majority of returns, a sizeable backlog continues to hold up refunds.
What the latest ITR data shows
As of March 24, 2026, 8,89,20,822 income tax returns have been filed and 8,77,86,233 returns have been verified. Of these, 8,50,59,270 verified returns have been processed.
This effectively leaves over 27 lakh verified returns yet to be processed, which directly impacts refund timelines for lakhs of taxpayers.
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