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CBDT issues refunds of over 1.23 lakh crore
Personal income tax refunds of Rs 41, 649 crore issued in 1.08 crore cases and corporate tax refunds of Rs 82,018 crore issued in 1,81,218 cases
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Income tax refunds worth Rs 1.19 lakh crore issued to 1 crore taxpayers
This also includes refunds of Rs 67.99 lakh of AY 2021-22, which amounted to Rs 13,140.94 crore.
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Benefits of filing Income Tax Return
Refunds from the IT Department can be obtained only if income tax returns have been filed
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Income Tax refunds worth Rs 80,000 crore issued until September 27
I-T refunds: The amount includes tax refunds of Rs 19,699 crore in 47,53,254 cases and corporate tax refunds of Rs 60,387 crore in 1,63,021 cases.
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Taxpayers get some relief: Personal Income tax refunds worth Rs 5,575 crore made by I-T Department
For the past few months, Central Board of Direct Taxes officials have claimed that they have tried to complete refund payments as fast as possible to
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Money9 Edit | Honest taxpayers come to government’s aid amid pandemic mayhem
To keep this momentum going, the government needs to expand the taxpayers base and provide some more relief to honest taxpayers
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Income tax refunds of over Rs 2.04 lakh crore issued so far in FY21
Of this, personal income tax refunds of Rs 73,607 crore have been issued to over 2.06 crore taxpayers
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Income tax refunds over Rs 2 lakh crore issued between April 1 to March 8
Of this, personal income tax refunds of Rs 71,865 crore have been issued to over 1.99 crore taxpayers
