ITR Filing 2025: The last date for filing Income Tax Return (ITR) is near. Income tax return can be filed without any fee till 15 September 2025. If you are also going to file income tax return, then this time there may be a delay in refund. The reason for this is that refund is being given only after thorough investigation.
ITR Filing 2025: If your income falls within the tax slab, then you must file Income Tax Return (ITR). Often people make mistakes in filing ITR. This increases the possibility of getting income tax notice. This time the last date for filing ITR has been extended from 31 July to 15 September. Meanwhile, there may be a delay in getting the refund this time. The reason for this is that the Income Tax is closely examining all the information given by the return filer. It is believed that there will be a delay in the processing of the refund, which can lead to more interest on the refund money.
So far more than 75 lakh tax payers have filed returns. Correct filing and status monitoring of the return is necessary to get a refund. Taxpayers need not panic, they will definitely get a refund if they give the correct information. According to the official website, about 71.1 lakh returns have been e-verified so far.
Possibility of delay in refund
The Income Tax Department is busy investigating which form the taxpayers have filled for return filing. Forms like ITR-1 (Sahaj) or ITR-4 are usually processed in less time compared to ITR-2 or ITR-3 forms. The Income Tax Department may adopt a strict check and balance approach in case of higher refund claims. In case of any discrepancy in the data given in the tax return, such as non-matching of income or tax credit, the Income Tax Department may ask for the necessary documents from the taxpayer through post for reverification.
You can get interest on delay in refund
Under Section 244A of the Income Tax Act, if there is a delay in tax refund, the government will give you 0.5% interest every month. This interest will be calculated from the day you filed the return or the assessment year is over. This will continue until the refund is paid. If you get a refund of Rs 10,000 and the government pays it after 6 months, you will get Rs 10,000 + Rs 300 (0.5% per month for 6 months) = Rs 10,300. The point to note here is that this interest will be available only in those cases where the refund amount is more than 10 percent of your total tax. In case the refund amount is less than 10 percent of the taxpayer’s tax liability, interest is not available on the refund money.
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