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35 lakh income tax refunds delayed in India

Shortpedia

Content Team
Image Credit: NewsBytes

Income tax refunds for around 35 lakh taxpayers are currently "held up" due to mismatch and validation issues with their bank accounts, as per Central Board of Direct Taxes (CBDT) Chairperson Nitin Gupta. The Income Tax Department is actively working to resolve these issues by reaching out to affected taxpayers through a special call center. Gupta emphasized the department's goal to quickly credit refunds to the correct bank accounts of taxpayers.