CA Sansaar
CBDT Chief Highlights Scrutiny of Mis claimed Deductions Behind Refund Delays
PrintThe CBDT Chairman explained that several income tax refund requests have been marked by the system as “high-value” or “red-flagged” because of suspicious or incorrect deduction claims.
He stated that the tax department is currently reviewing these cases and conducting a detailed analysis of possible wrongful deductions, which has contributed to the delay in issuing refunds for FY 2024-25. Although the deadline for filing ITRs was September 16, many taxpayers are still waiting for their refunds due to this ongoing scrutiny process.
He stated that the tax department is currently reviewing these cases and conducting a detailed analysis of possible wrongful deductions, which has contributed to the delay in issuing refunds for FY 2024-25. Although the deadline for filing ITRs was September 16, many taxpayers are still waiting for their refunds due to this ongoing scrutiny process.
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