
Taxpayers are experiencing significant delays in receiving income tax refunds this assessment year, with many returns remaining in the 'processing' stage. This situation contrasts with previous years when refunds were typically issued more quickly. Tax officials and experts attribute the delays to enhanced verification processes, including cross-checks against various financial disclosures and increased use of automated compliance alerts for discrepancies. While these measures aim to reduce incorrect refunds, they have led to extended review cycles, causing frustration among individuals who depend on these funds for planned expenses.
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