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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 .....

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cessed within 60 days demonstrating CBDT s commitment to faster and more efficient taxpayer service. Of the refunds issued, 92% are below ₹ 50,000 due to the high priority given to expeditious issue of refunds to small taxpayers. Only 2% of ref .....

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