Refunds often get delayed if errors are found in the tax return, including incorrect calculations or missing information. When such discrepancies are detected, the ITR is flagged for review, slowing the process. Refunds may also be held back if the taxpayer’s bank account is not pre-validated, if the account name does not match the PAN, if an invalid IFSC code is used, or if the mentioned bank account is inactive or closed.
ITR Refund Status: How much time does it take to get credited, and what's the reason for the delay?
