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TMI BlogIncome Tax RefundsX X X X Extracts X X X X X X X X Extracts X X X X ..... Income Tax Refunds X X X X Extracts X X X X X X X X Extracts X X X X ..... led Percentage increase over previous Financial Year (a) (b) (c) (d) 1 2015-16 4.63 Crore 14.6% 2 2016-17 5.57 Crore 20.3% 3 2017-18 6.86 Crore 23.2% The total amount of refunds made to the assessees during the period under reference is as under: Financial Year Refund (Rs. Crore) 2015-16 122271 2016-17 162661 2017-18 151602 2018-19 (up to 2ndFebruary, 2019) 143117 As ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on 15th January 2019, 3,07,485 returns including 36,616 cases of refunds are pending for scrutiny. The scrutiny of these cases is to be completed by 31.12.2019. A total of 16,21,848 claims of refund (including non-scrutiny cases) are pending for issue as on 31st January, 2019. Since only about 0.5% of the returns is selected for scrutiny, refunds are issued expeditiously at the time of processin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g itself for the bulk of the taxpayers. With regard to the pending scrutiny cases, the Assessing Officers have already been advised in the Central Action Plan for 2018-19 to expedite assessment in such cases, especially cases selected for "limited scrutiny", so that resultant refunds, if any, can be issued at the earliest. This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in written reply to a Question in Rajya Sabha today.
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