Income tax refund: Your refund may be delayed if revised return not filed by Dec 31

Income taxation refund status: The Income Tax Department has stepped up scrutiny for taxation returns and respective taxpayers person not received their income taxation refunds this year. The hold successful taxation refunds is simply a effect of greater vigilance connected taxation deductions and exemptions that person been claimed by taxpayers.Ahead of the December 31, 2025 deadline for filing an updated oregon belated return, the Income Tax Department has besides launched a NUDGE (Non-intrusive Usage of Data to Guide and Enable) campaign, urging taxpayers to record updated taxation returns since their exemptions, deduction and refund claims person been recovered to beryllium ineligible.

ITR December 31, 2025 Deadline Important For Tax Refunds

According to an ET report, the income taxation refunds for those taxpayers whitethorn look a hold if they neglect to record a revised Income Tax Return by the December 31, 2025 deadline for Assessment Year 2025-26, peculiarly successful cases wherever errors oregon missing accusation person resulted successful incorrect refund claims oregon information mismatches.The Income Tax Department has begun sending emails and SMS to taxpayers who person claimed what the taxation section has called ‘ineligible’ deductions oregon exemptions they are not entitled to. These taxpayers person been asked to close the errors if any, and taxable a revised instrumentality by December 31, 2025.Also Read | ITR filing: Received ‘nudge’ from Income Tax Department for taxation instrumentality & refund claims? Here’s what you request to do The December 31, 2025 deadline is important arsenic it marks the past day for filing some revised and belated income taxation returns.

Once a instrumentality is processed by the Centralised Processing Centre, immoderate discrepancies oregon mistakes that are flagged and communicated to the payer volition invitation elaborate scrutiny. However, if the instrumentality is processed lone aft the deadline, the intimation highlighting the mistake whitethorn besides beryllium received aft December 31, leaving the payer without the enactment to revise the return, the ET study said.As a result, taxpayers whose returns incorporate mistakes that are identified aft the deadline whitethorn person to look further verification oregon appraisal proceedings, adjacent if the mistake was unintentional.

Chartered Accountant Suresh Surana was quoted arsenic saying, “Accordingly, erstwhile this day has elapsed, a payer tin nary longer revise the instrumentality of income to close errors oregon omissions, adjacent if the instrumentality has not yet been processed by the Centralised Processing Centre.”Income taxation refunds are astatine the hazard of being delayed for taxpayers who neglect to record a revised Income Tax Return by the December 31, 2025 deadline, peculiarly salaried employees whose taxation filings incorporate mismatches with leader records.Abhishek Soni, CEO & co-founder, Tax2win, said galore salaried individuals person received intimation notices from the Income Tax Department. These cases mostly impact employees who claimed deductions specified arsenic those nether Sections 80C, 80D oregon House Rent Allowance successful their returns but did not disclose these claims to their employers astatine the clip taxation was deducted astatine source.Maneesh Bawa, Partner, Nangia Global, noted that these mismatches are communal and tin hap erstwhile taxation has been deducted nether the caller regime, but the instrumentality is filed nether the aged authorities with deductions claimed.Jigar Suba, laminitis of JC Suba & Associates told ET that specified intimations whitethorn beryllium triggered by a scope of errors, including incorrect oregon excessive deduction claims, mismatches successful income reported against information reflected successful the Annual Information Statement oregon Tax Information Summary, and discrepancies betwixt the Income Tax Return and Form 26AS. Other communal reasons see incorrect House Rent Allowance oregon permission question claims, unsupported deductions for beingness oregon aesculapian insurance, and ineligible donations claimed for charitable trusts oregon governmental parties.He added that nonaccomplishment to disclose income beyond wage is different large trigger, with omissions often relating to the merchantability of communal funds, equity shares, crypto assets, arsenic good arsenic different superior gains oregon involvement income.Abhishek Soni said that specified intimations are important arsenic they bespeak that the Income Tax Department has identified a mismatch successful the instrumentality and that its information does not afloat enactment the deductions claimed.

He warned that ignoring the announcement could effect successful taxation demands, involvement liabilities oregon further communications from the department.Maneesh Bawa said that if the Income Tax Department has identified an error, taxpayers should record a revised instrumentality wrong the permitted timeline, which is presently unfastened until December 31, 2025. He cautioned that ignoring a genuine discrepancy whitethorn pb to disallowance of claims and could invitation person scrutiny, resulting successful further taxation liabilities on with involvement and penalties.