SHORT ANSWER:
Yes, an income tax refund can be rejected in India.
DETAILS:
- The Income Tax Department may reject a refund if there are discrepancies in the tax return.
- Reasons for rejection can include incorrect bank details, mismatched income, or pending tax dues.
PUNISHMENT / IMPLICATIONS (if applicable):
- No specific punishment for rejection, but the taxpayer may need to rectify the issues to claim the refund.
SOURCE:
- Income Tax Act, 1961
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