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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

New Delhi, Aug 21 (PTI) - The Income Tax department on Frida .....

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..... y 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 issued to over 2 .....

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..... 3.05 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 crore to .....

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..... 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 been is .....

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..... sued 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 and c .....

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..... orporate 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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..... ews - Press release - PIB .....

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