By Admin 
Income Tax Refunds Complaint: Amid increasing complaints and delay in income tax refunds for assessment year 2025-26, the Income Tax Department has clarified the situation and said that many taxpayers have claimed such deductions and exemptions in their Income Tax Returns (ITR) for which they are not eligible, due to which their refunds are stuck. According to the department, cases where the amount of deduction or refund exceeds Rs 50,000 are being thoroughly investigated so that wrong claims can be prevented and only valid refunds are issued.
Why refunds to stranded people?
The Income Tax Department has informed such taxpayers through SMS and email and asked them to file revised ITR by December 31, so that they can re-review their returns and correct incorrect or ineligible claims. According to the report of Indian Express, the amount can come to the account of taxpayers whose refunds are found correct within the next 10 days.
The department has also advised that taxpayers should self-check the validity of all deductions and exemptions claimed in their ITR, so that additional inquiries or notices can be avoided in future. It is noteworthy that many taxpayers and chartered accountants have complained on social media that their refunds are pending and they have not received any information from the department.
Increasing complaints of taxpayers
According to official data, this time between April 1 and December 17, the refund amount has been 13.52 percent less compared to last year, while more than 15 lakh revised ITRs have been filed so far for the assessment year 2025-26.
Apart from this, about 21 lakh taxpayers have updated their returns between assessment year 2021-22 to 2024-25 and tax of more than Rs 2,500 crore has been deposited so far in the current financial year, which clearly shows that the department is trying to issue correct refunds on time along with being strict on wrong claims.