Tax refunds scrutiny: CBDT flags wrongful claims; why high-value payouts are stuck-here’s what the IT department says
The Income-Tax Department is withholding some high-value refund payments due to detected wrongful deduction claims in flagged filings. Legitimate refunds are expected to be cleared this month or by December, while the department is also working to reduce direct tax litigation and has seen a significant increase in appeal disposals.🕒 1 min read
The Income-Tax Department is withholding some high-value refund payments due to detected wrongful deduction claims in flagged filings. Legitimate refunds are expected to be cleared this month or by December, while the department is also working to reduce direct tax litigation and has seen a significant increase in appeal disposals.
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