Miss Dec 31 ITR Deadline? Your Income Tax Refund Could Be Stuck!

• Income tax refunds for AY 2025-26 (FY 2024-25) may be delayed if a revised ITR isn't filed by December 31, 2025.
• December 31, 2025, is the final date for filing both belated and revised ITRs; missing it means losing the option to correct errors.
• Discrepancies like undeclared deductions (Sections 80C, 80D, HRA) to employers or tax-regime mismatches often lead to intimations.
• Mismatches between ITR data and AIS/TIS/Form 26AS, or non-disclosure of other income (capital gains, crypto, interest), also cause refund delays.
• Taxpayers receiving error intimations must file a revised return by December 31, 2025, to avoid scrutiny, penalties, and ensure timely refunds.

Why It Matters: File revised ITR by December 31, 2025, to avoid refund delays and tax scrutiny for AY 2025-26.