As a relief to MSMEs, I-T refunds worth ₹ 5,204 Crore issued in last 10 days: CBDT

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..... As a relief to MSMEs, I-T refunds worth ₹ 5,204 Crore issued in last 10 days: CBDT - News and Press Release Dated:- 18-4-2020 - News - The Central Board of Direct Taxes (CBDT) said that Income .....

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..... tax refunds to nearly 8.2 lakh small businesses (proprietors, firms, corporate and trusts) worth ₹ 5,204 Crore have been issued since 8th April 2020. These income tax refunds would help MSMEs t .....

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..... o carry on their business activities without pay cuts and layoffs in Covid-19 pandemic situations. The CBDT said that since the Government s decision vide Press Note dated 8th April 2020, I-T depar .....

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..... tment has till date issued nearly 14 lakh refunds up to ₹ 5 lakh each in order to help taxpayers in COVID-19 pandemic situation. Keeping its focus on providing relief to the small businesses in .....

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..... MSME sector, CBDT will further issue refunds of ₹ 7,760 Crore earliest possible. The CBDT reiterated its request that in around 1.74 lakh cases, responses are awaited from taxpayers regarding .....

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..... reconciliation with their outstanding tax demand for which a reminder email has been sent asking them to respond within 7 days so that the refund can be processed earliest. It may be noted that th .....

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..... ese responses can be provided online through the taxpayer e-filing account on: www.incometaxindiaefiling.gov.in - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagemen .....

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..... t - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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