26 Sep 2025 | 3 Mins Read
Tax refund delayed: Possible causes and resolving steps
Flipitmoney
Over 7.6 crore income-tax returns (ITRs) have been filed, with 6.98 crore verified and 5.35 crore processed. 1.63 crore returns are pending, likely due to mismatches, bank account issues, or late e-verification. Refunds are issued within 9 months, with interest payable at 6% per annum on delayed refunds under Section 244A of the Income Tax Act.