New Delhi, Dec. 19 -- The income tax return (ITR) season ended over two months ago. While many taxpayers have already received their refunds, others are still waiting. Usually, the Income Tax (I-T) Department processes and issues these refunds within four to five weeks.

However, several issues can prevent your payment from being processed. Common hurdles include mismatched bank details, Aadhaar-PAN linking errors, or incorrect claims. Recently, CBDT Chairman Ravi Agrawal said that the department is now investigating wrongful deductions. These extra checks are adding to the current processing delays.

Notably, interest on delayed refunds is charged at a rate of 6% per annum. This interest is calculated from 1 April onwards until the date ...