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Income Tax refunds worth ₹ 88,652 cr issued to 24.64 lakh taxpayers so far this fiscal

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..... Income Tax refunds worth ₹ 88,652 cr issued to 24.64 lakh taxpayers so far this fiscal - News and Press Release Dated:- 21-8-2020 - News - New Delhi, Aug 21 (PTI) - The Income Tax department .....

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..... on Friday said it has issued refunds worth ₹ 88,652 crore to over 24 lakh taxpayers so far this fiscal. This include personal income tax (PIT) refunds amounting to ₹ 28,180 crore issue .....

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..... d to over 23.05 lakh taxpayers and corporate tax refunds amounting to ₹ 60,472 crore to over 1.58 lakh taxpayers during this period. CBDT has, so far, issued refunds of over ₹ 88,652 c .....

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..... rore to more than 24.64 lakh taxpayers from 1st April, 2020 onwards. Income tax refunds of ₹ 28,180 crore have been issued in 23,05,726 cases corporate tax refunds of ₹ 60,472 crore have .....

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..... been issued in 1,58,280 cases, the Income Tax department tweeted. The Central Board of Direct Taxes (CBDT) is the apex decision-making body in direct tax matters, administers personal income tax .....

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..... and corporate tax. The government has emphasised on providing tax related services to taxpayers without any hassles during COVID-19 pandemic and to that end has been clearing up pending tax refunds .....

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..... . - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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