Income Tax Refunds of Rs 1,50,863 Crore Issued till 20th December 2020

Income Tax Refunds of Rs 1,50,863 Crore

Through a tweet the Income tax department has clarified that refunds of over Rs 1,50,863 crore have been made to more than 1.18 crore taxpayer, between 1st April, 2020 to till 20th December.

It includes Rs 47,608 crore refunds to 1,16,07,299 cases and corporate tax refunds of Rs 1,03,255 crore to 2,01,796 cases.

While, till 14th December 2020, the figure of refunds was Rs 1,48,274 crore.

Click here for the Official tweet:

Knowledge Source:

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

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