I-T refunds worth over Rs 2 trillion issued so far to taxpayers this fiscal

Of this, personal income tax refunds of Rs 71,865 crore have been issued to over 1.99 crore taxpayers and corporate tax refunds of over Rs 1.28 lakh crore have been issued in 2.20 lakh cases

tax cut, corporate, taxes, india inc, company, firms, revenue, loss, profit, credit
Press Trust of India New Delhi
1 min read Last Updated : Mar 10 2021 | 7:39 PM IST

The income tax department on Wednesday said it has issued over Rs 2 lakh crore worth refunds to over 2.02 crore taxpayers so far this fiscal.

Of this, personal income tax refunds of Rs 71,865 crore have been issued to over 1.99 crore taxpayers and corporate tax refunds of over Rs 1.28 lakh crore have been issued in 2.20 lakh cases.

CBDT issues refunds of over Rs 2,00,411 crore to more than 2.02 crore taxpayers between 1st April 2020 to 8th March 2021, the I-T department tweeted.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Income taxIT refund

First Published: Mar 10 2021 | 6:56 PM IST

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