Income tax refunds worth Rs 70,120 cr issued till September 6: CBDT

Income tax refunds worth Rs 70,120 cr issued till September 6: CBDT

PTIUpdated: Sunday, September 12, 2021, 02:59 PM IST
article-image
"CBDT (Central Board of Direct Taxes) issues refunds of over Rs 70,120 crore to more than 26.09 lakh taxpayers between 1st April, 2021 to 6th September, 2021," the Income Tax Department said/ Representational image |

The Income Tax Department on Sunday said it has issued refunds of over Rs 70,120 crore till September 6 this year.

Of this personal income tax refunds of Rs 16,753 crore have been issued in over 24.70 lakh cases and corporate tax refund of Rs 53,367 crore have been issued in 1.38 lakh cases.

"CBDT (Central Board of Direct Taxes) issues refunds of over Rs 70,120 crore to more than 26.09 lakh taxpayers between 1st April, 2021 to 6th September, 2021," the Income Tax Department tweeted.

RECENT STORIES

Bangladesh Slips Into "Debt Trap" With Debt-Servicing Emerging As The Second-Largest Budget Expense,...

Bangladesh Slips Into

Trump Warns Of New Tariffs On Indian Rice & Canadian Fertilisers, Know- What This Means For Trade...

Trump Warns Of New Tariffs On Indian Rice & Canadian Fertilisers, Know- What This Means For Trade...

India’s Mutual Fund Penetration To Double, Marking One Of The Biggest Shifts In The Country’s...

India’s Mutual Fund Penetration To Double, Marking One Of The Biggest Shifts In The Country’s...

Gold Prices Steady As Investors Tread With Caution Ahead Of The Roaring US Federal Reserve’s...

Gold Prices Steady As Investors Tread With Caution Ahead Of The Roaring US Federal Reserve’s...

Central Transmission Utility Of India Revokes Connectivity Of 24 Entities, Having 6,343 MW Renewable...

Central Transmission Utility Of India Revokes Connectivity Of 24 Entities, Having 6,343 MW Renewable...