NEW DELHI, INDIA – November 27, 2025 – Thousands of taxpayers await refunds for AY 2025-26, with CBDT attributing delays to scrutiny of suspicious deductions amid a 18% drop in issuances.
Chairman Ravi Agrawal stated low-value refunds process swiftly, but high claims undergo verification. Data shows Rs 2.42 lakh crore disbursed April-November, versus Rs 2.95 lakh crore last year.
Common issues: Mismatched Form 26AS/AIS data, unverified e-filings. TDS rationalization reduced claims, easing backlog.
Interest accrues at 0.5% monthly from April 1 for pre-September 16 filers. Revised returns urged for errors.
Portal glitches resolved; 90% non-audit ITRs processed. December clearance targeted.
This phase underscores compliance push, with appeals down 20%.
