CBDT: India issues income tax refunds worth Rs 1.14 lakh crore in April-August
India’s Income Tax Department said Saturday it has issued refunds worth over Rs 1.14 lakh crore to more than 1.97 crore taxpayers in the first five months of this fiscal year that started Apr. 1.
CBDT issues refunds of over Rs. 1.14 lakh crore to more than 1.97 crore taxpayers between 1st April, 2022 to 31st A… https://t.co/1guKcS5lR9
— Income Tax India (@IncomeTaxIndia) 1662179974000
“Income tax refunds of Rs. 61,252 crore have been issued in 1,96,00,998 cases & corporate tax refunds of Rs. 53,158 crore have been issued in 1,46,871 cases,” the Income Tax Department tweeted.
