Quick Summary
As the income tax return (ITR) filing for Assessment Year (AY) 2025-26 picks up pace, concerns are rising over the delay in refund processing. According to the latest update from the Income Tax Department, over 90 lakh returns have been filedand around 86 lakh returns have been e-verified. However, refunds are yet to be issued for many taxpayers and a new development has further added to the uncertainty. ITR Processing Data No Longer Visible on IT Portal Until recently, the Income Tax Depart
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FAQ :
The Income Tax Department is reviewing past tax records and assessment orders for discrepancies and potential fraudulent claims before issuing refunds for AY 2025-26.
The real-time statistics on the number of ITRs processed are no longer visible on the Income Tax Department's official portal.
Over 90 lakh Income Tax Returns (ITRs) have been filed for AY 2025-26, with around 86 lakh of these having been e-verified.
Experts worry that the extended verification process might inadvertently affect honest taxpayers who have no pending notices or assessments.
The deadline for ITR filing for AY 2025-26 has been extended and is now open until September 15, 2025.
Taxpayers are advised to stay calm, regularly check their ITR processing status on the portal, review any past assessment notices, and keep records of their submissions.
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