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# taxrefund

12 posts in `taxrefund` tag

CBDT Refund Delay: What Taxpayers Should Know

There is no halt on refund processing by CBDT. Only high-risk refund claims are being held for verification, while smaller refunds are being processed normally. Most legitimate refunds are expected to be released by December.

Why Your Income Tax Refund Is Delayed and How to Check Status

Many taxpayers are still waiting for their refund. This guide explains how to check your income tax refund status, why refunds get delayed, and simple steps you can take to fix the issue and receive your money soon.

Income Tax Refund Hold: New Rules for Big Refunds

Many taxpayers in India are seeing a delay in income tax refunds, especially when the refund amount is high. The Income Tax Department is checking big refunds more carefully to stop wrong or fake claims. In this blog, you will understand in simple words why your refund is delayed and what you should do next.

Why Your Tax Refund Is Delayed and What CBDT Wants You to Know

Many taxpayers are waiting for refunds, especially where the refund is large. The Central Board of Direct Taxes (CBDT) is closely checking high-value and flagged returns to stop fake claims and tax cheating. This guide explains the main reasons for delays, which cases get compulsory scrutiny, and simple steps you can take now to clear your refund faster.

Tax Refunds Update: High-Value Claims Under Scrutiny, Legitimate Payouts Expected by December 2025

The Income-Tax Department is closely reviewing high-value refund claims flagged for potential discrepancies. While smaller refunds are already being processed, CBDT Chairman Ravi Agrawal has assured taxpayers that legitimate high-value payouts will be cleared by December 2025. Refund claims worth ₹2.42 lakh crore have been filed till November 10, showing an 18% drop from last year. The department has also increased appeal disposals by 40% and remains confident of meeting its ₹25.20 lakh crore direct tax collection target for FY26, supported by 6.99% growth. Leveraging AI-powered tools, the CBDT is enhancing compliance, monitoring taxpayer behavior, and identifying potential evasion

New Income Tax Return Forms and Rules: What You Need to Know

The government is set to introduce simplified income tax return forms under the Income Tax Act, 2025 by January 2026, replacing the long-standing Income Tax Act, 1961. These new forms aim to make tax filing easier, reduce compliance burdens, and improve transparency. Refunds are being processed, with larger claims expected by December 2025. The CBDT is confident of meeting its ambitious ₹25.20 lakh crore direct tax collection target for FY26, supported by strong growth. Taxpayers should prepare for the new system, which takes effect from April 1, 2026.

CBDT’s New Rules: Faster Tax Refunds and Easier ITR Corrections

The CBDT has empowered the CPC Bengaluru with concurrent jurisdiction under Section 154 to rectify obvious errors in ITRs like missed TDS/TCS credits, relief miscalculations, and interest under Section 244A—leading to faster refunds, reduced compliance burden, and greater transparency. Effective from October 27, 2025 (Notification No. 155/2025), this centralized approach streamlines rectifications and allows demand notices under Section 156 where needed.

our Tax Refund: Can It Go to Your Friend’s or Family’s Account?

Can your income tax refund go to someone else’s bank account? The answer is no — unless you're a legal heir claiming a refund for a deceased taxpayer. This blog explains why the Income Tax Department requires PAN-linked bank accounts and how to avoid refund failures by validating your account properly.

Refund Returned by Bank? Here's How to Get Your Money Back

If your income tax refund shows “Refund Failed” or “Refund Returned by Bank,” it means your bank couldn’t accept the payment. This guide explains the common reasons for refund failure and walks you through the simple online steps to fix your bank details and request a refund reissue through the Income Tax portal.

Refund Credited but Not Reflected in Bank What to Do?

Many taxpayers face the issue where their Income Tax refund status shows "Refund Credited" but the money doesn’t appear in their bank account. This guide explains why it happens, how to check your bank and portal details, and what steps to take to resolve it quickly.

Refund Adjusted Against Outstanding Demand: What You Need to Know

If your income tax refund is adjusted against an old tax demand, it’s likely due to Section 245 of the Income Tax Act. This blog explains what the notice means, how to respond within 30 days, and what options you have. Learn how to protect your refund and keep your tax records clean.

Difference Between Refund Issued and Refund Credited in Income Tax

This guide clarifies the distinction between the two common income tax refund statuses, "Refund Issued" and "Refund Credited." Learn what each status means, the complete refund timeline, key differences, and how to check your refund status for a smoother tax experience