Income Tax Refunds Of Over Rs 2 Lakh Crore Issued So Far In FY21
The Income Tax Department head office in Mumbai. (Photograph: BloombergQuint)

Income Tax Refunds Of Over Rs 2 Lakh Crore Issued So Far In FY21

Bookmark

The Income Tax Department on Wednesday said it has issued over Rs 2.04 lakh crore worth refunds to more than 2.09 crore taxpayers so far this fiscal year.

Of this, personal income tax refunds of Rs 73,607 crore have been issued to over 2.06 crore taxpayers and corporate tax refunds of over Rs 1.31 lakh crore issued in 2.21 lakh cases.

Central Board of Direct Taxes issues refunds of over Rs 2,04,805 crore to more than 2.09 crore taxpayers between April 1, 2020 to March 15, 2021, the department tweeted.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.