ITR Refunds for AY 2025-26 Likely to Be Delayed as IT Dept Reviews Past Tax Records

Income Tax Refunds for AY 2025-26 are likely to be delayed as the IT Department reviews past tax records. This proactive measure by the tax authorities aims to ensure accuracy and prevent erroneous refunds by cross-referencing current claims with historical compliance data. While designed to enhance verification and curb fraudulent claims, this intensified scrutiny could lead to longer processing times for legitimate refunds. Taxpayers should anticipate delays and ensure their past records are in order, as the department prioritizes a thorough review process to maintain the integrity of the refund system and prevent revenue leakage.