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Expeditious issue of Refunds is a High Priority for the Central Board of Direct Taxes (CBDT); Over 4.19 crore Income Tax Returns (ITRs) processed and over 1.62 crore refunds issued during the Current Financial Year up to 10th February 2017

News and Press Release - Dated:- 13-2-2017 - The Centralised Processing Centre (CPC) of the Income Tax Department (ITD) at Bengluru has already processed over 4.19 crore Income Tax Returns (ITRs) and issued over 1.62 crore refunds during the current financial year up to 10th February, 2017. The amount of refunds issued at ₹ 1.42 Lakh Crore is 41.5% higher than the corresponding period last year. As a result of emphasis on expeditious issue of refunds, 92% of all Income Tax returns were pro .....

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