India, Sept. 26 -- The income tax return (ITR) filing for non-audit taxpayers for the financial year 2024-25 (assessment year 2025-26) concluded on September 15, 2025 after an extension of 45 days. The cutoff date earlier was July 31, 2025.

As the filing is now closed, taxpayers are looking forward to the refunds which are typically processed within 4-5 week.

However, some delays can be expected on account of incorrect details such as wrong IFSC code, closed bank accounts. Non-linking of PAN and Aadhar also causes delays.

The Income Tax Department issues income tax refund when the total tax paid - through TDS, TCS, advance tax, or self-assessment- exceeds the actual tax liability.

"The tax is calculated after taking into consideration...