The Income tax department is holding back a chunk of refund payments after detecting wrongful deduction claims in several high-value and system-red-flagged filings, CBDT Chairman Ravi Agrawal said on Monday, PTI reported. Legitimate refunds, he added, should be cleared “this month or by December”. Speaking to reporters on the sidelines of an event at Bharat Mandapam, Agrawal said the department is scrutinising a set of returns flagged by the system for questionable claims. “We have also written to taxpayers to file a revised return in case they have forgotten something,” he said. While low-value refunds are being released, the more significant ones are under verification. “We have analysed and found that some wrong refunds or deductions were being claimed. So, this is a continuous

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