I-T Refunds Withheld: Taxpayers Face Discrepancy Notices, Uproar Erupts

• Hundreds of taxpayers received I-T Department messages stating refunds are withheld due to ITR discrepancies under a risk management process.
• The sudden notices caused widespread confusion, anger, and financial disruption, leading to social media uproar.
• Taxpayers with errors or omissions must file a Revised ITR by December 31, 2025, to avoid penalties up to ₹5,000.
• A Refund Re-issue Request can be submitted via the e-filing portal if a refund fails.
• The I-T Department launched a NUDGE campaign for incorrect deductions; advises caution in ITR filing.

Why It Matters: I-T refunds are on hold for many due to ITR discrepancies; taxpayers must act quickly to rectify errors.