The Economic Times

Income Tax refund delay: Why refunds for FY 2024-25 ITR filings are taking longer and what you can do

Income Tax Refunds Delay News: Taxpayers filing for FY 2024-25 are experiencing delayed refunds, though the Income Tax Department remains within statutory processing timelines. Delays often stem from high-value claims, pending demands, or simple taxpayer errors like claiming deductions not reported to employers.