CBDT Issues Income Tax Refund of Rs 1,48,274 Crore till 14th December 2020

On 16^th December,2020, the Income tax department has clarified that refunds of over Rs 1,48,274 crore have been made to more than 1.02 crore taxpayer, between 1^st April, 2020 to 14^th December,2020.

It includes Rs 45,264 crore refunds to 1,00,02,982 cases and corporate tax refunds of Rs 1,03,010 crore to 2,00,854 cases.

While, till 24^th November,2020, the figure of refunds was Rs 1,36,962 crore.

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