Income Tax Department Halts Refunds Over Claim Discrepancies
3 hours agoBusiness
40LENS
1 SourcesSouth Goa district, India
TBNthebalanced.news
Income Tax Department Halts Refunds Over Claim Discrepancies

The Income Tax Department is holding tax refunds for some individuals due to discrepancies in claimed deductions and donations. Emails cite issues such as incorrect charity PANs, non-listed organizations, or high refund claims relative to salary. Tax practitioners report that even accurate claims are being flagged, causing concern among taxpayers, particularly those who made significant charitable donations or claimed multiple benefits.

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