CBDT Issues Refunds of Over Rs.1,62,448 Crore to More Than 1.79 Crore Taxpayers
CBDT Issues Refunds of Over Rs.1,62,448 Crore to More Than 1.79 Crore Taxpayers The Income Tax Department announced on Thursday that it has granted r…
Sushmita Goswami
Jan 27, 2022CBDT Issues Refunds of Over Rs.1,62,448 Crore to More Than 1.79 Crore Taxpayers
The Income Tax Department announced on Thursday that it has granted refunds totaling Rs 1.62 lakh crore to over 1.79 million taxpayers this fiscal year. This comprises Rs 27,111.40 crore in refunds for the fiscal year 2020-21.
"From 1st April 2021 to 24th January 2022, CBDT issues refunds of over Rs 1,62,448 crore to over 1.79 crore taxpayers," the Income Tax Department tweeted.
This includes personal income tax refunds totaling Rs 57,754 crore distributed to over 1.77 crore entities, as well as corporate tax refunds totaling Rs 1.04 lakh crore sent to 2.23 lakh companies.
https://twitter.com/IncomeTaxIndia/status/1486562377445216259?s=20
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Sushmita Goswami
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Sushmita Goswami is a content writer with 2+ years of experience in Finance, Recruitment, Education and career Related Content. She is a Graduate from Delhi University in Journalism and Mass Communication
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