-
Sep 19, 2025
-
Income tax refund above Rs 50,000: Does Income Tax Department delay big refunds?
With the September 16 deadline for filing Income Tax Returns (ITRs) over, millions of taxpayers are eagerly awaiting their refunds. Many are wondering if the Income Tax Department delays processing refunds if the refund amount is large, such as over Rs 50,000.
According to income tax rules, there is no upper limit on refunds. Whether your refund is Rs 10,000 or Rs 1 lakh or even greater, it will be credited the same way. However, refunds involving larger amounts may require additional scrutiny by the department, which may result in a slight delay in processing, experts are of the view.
Benefits for early income tax return filers
Taxpayers who filed their ITR much ahead of the deadline, i.e., weeks before the due date, found their e-verification completed within a few hours, and in many cases, the ITR was processed and refunds issued the same day.
However, for those who filed their returns on the last day or the day before, i.e. 15th or 16th September, the story was a little different. The e-filing portal was overloaded at that time, resulting in e-verification taking 24 to 48 hours and slow processing.
|