Income Tax Refund of Rs 15900 Crore Issued in Last Week of August

ITR of Rs 15900 Crore Issued in Last Week of August

Central Board of Direct Taxes (CBDT) has informed that it has issued refunds of over Rs 67,701 crore to more than 23.99 lakh taxpayers between 1st April, 2021 to 30th August, 2021.

Out of the amount refunded, Income tax refunds of Rs 16,373 crore have been issued in 22,61,918 cases, whereas corporate tax refunds of Rs 51,029 crore have been issued in 1,37,327 cases.

Till 23rd August the figure was 51,531 crore refunds to more than 22.99 lakh taxpayers. From 23rd August till 30th August Income Tax Refunds issued amounts to Rs 15,870 crore.

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Knowledge Source:

Senior Citizens to File Form 12BBA to Avail Income Tax Return Filing Exemption

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