Скачать или смотреть INCOME TAX REFUND मिलने में होगी देरी AY 2025-26 ! ITR PROCESSING UPDATE

This video from CA SATBIR SINGH discusses the reasons for the delay in processing Income Tax Returns (ITR) and issuing refunds for Assessment Year (AY) 2025-26.

The video highlights the categories of ITRs currently facing delays in processing and refund issuance by the Income Tax Department, despite a high overall processing rate. The three main reasons for the hold are:

Online Gaming Refunds: Returns claiming a refund for Tax Deducted at Source (TDS) on online gaming are being withheld. The department's view is that a 30% tax is applicable on gaming winnings, and such refund claims are being challenged [01:16].

Old Tax Regime (OTR) Deductions: ITRs opting for the Old Tax Regime and claiming deductions (e.g., for home loan interest, LIC, or Mediclaim) are under strict scrutiny. The government is using Artificial Intelligence (AI) to cross-check claims, now requiring specific details like policy numbers in the ITR to prevent incorrect refunds [02:18].

Foreign Remittance (TCS) Claims: Refunds claimed for Tax Collected at Source (TCS) on money sent outside India (foreign remittances) are on hold. The department is checking the source of the remitted funds to ensure the income was taxed before the remittance was made [03:32].

Income Tax Refund, ITR Processing, ITR Delay, AY 2025-26, CA SATBIR SINGH, Income Tax Department, online gaming tax, refund on online gaming, Old Tax Regime, OTR deductions, deduction cross check, Foreign Remittance TCS, TCS refund, AI in ITR processing, Income Tax Update, ITR processing update, income tax filing, direct tax update, ITR status

#IncomeTaxRefund #ITRProcessing #ITRDelay #AY202526 #CASATBIRSINGH #IncomeTax #OnlineGamingTax #OldTaxRegime #OTRDeductions #ForeignRemittance #TCS #ITRUpdate #TaxNews #ITRStatus