Income Tax Refunds of Over Rs 2.04 Lakh Crore Issued So Far in Financial Year 2021, Says I-T Department
The Income Tax Department on Wednesday said it has issued over Rs 2.04 lakh crore worth refunds to more than 2.09 crore taxpayers so far this fiscal year. Of this, personal income tax refunds of Rs 73,607 crore have been issued to over 2.06 crore taxpayers and corporate tax refunds of over Rs 1.31 lakh crore issued in 2.21 lakh cases.
New Delhi, March 17: The Income Tax Department on Wednesday said it has issued over Rs 2.04 lakh crore worth refunds to more than 2.09 crore taxpayers so far this fiscal year.
Of this, personal income tax refunds of Rs 73,607 crore have been issued to over 2.06 crore taxpayers and corporate tax refunds of over Rs 1.31 lakh crore issued in 2.21 lakh cases. Income Tax Department Calendar 2021: Know Important Dates For Tax-Related Deadlines, Where to Download PDF and More.
“CBDT issues refunds of over Rs 2,04,805 crore to more than 2.09 crore taxpayers between 1st April, 2020 to 15th March,2021,” the department tweeted.