Categories: BUSINESS

Income Tax refund wait: Refund stuck for months? How much interest you may be owed as error checks slow payouts

Many taxpayers are still awaiting income tax refunds due to increased scrutiny of deduction claims. The CBDT is working to release remaining refunds, with interest payable under Section 244A for delays not caused by the taxpayer. Mismatches in data, foreign income, and verification issues are contributing to the processing slowdown.
Sumitra

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