scorecardresearch
Wednesday, Sep 28, 2022

I-T refunds worth Rs. 1.18 lakh cr issued to 33.54 lakh taxpayers till Sep 29

This include personal income tax (PIT) refunds amounting to Rs. 32,230 crore issued to 31.75 lakh taxpayers, and corporate tax refunds amounting to Rs. 86,094 crore to over 1.78 lakh taxpayers during this period.

The government has emphasised on providing tax-related services to the taxpayers without any hassles during COVID-19 pandemic and to that end has been clearing up pending tax refunds. (Representational)

The Income Tax department on Wednesday said it has issued refunds worth over Rs 1.18 lakh crore to over 33 lakh taxpayers in 6 months till September 29.

This include personal income tax (PIT) refunds amounting to Rs. 32,230 crore issued to 31.75 lakh taxpayers, and corporate tax refunds amounting to Rs. 86,094 crore to over 1.78 lakh taxpayers during this period.

“CBDT issues refunds of over Rs 1,18,324 crore to more than 33.54 lakh taxpayers between 1st April, 2020 to 29th September,2020. Income tax refunds of Rs 32,230 crore have been issued in 31,75,358 cases & corporate tax refunds of Rs 86,094 crore have been issued in 1,78,540 cases,” the Central Board of Direct Taxes (CBDT) tweeted.

The government has emphasised on providing tax-related services to the taxpayers without any hassles during COVID-19 pandemic and to that end has been clearing up pending tax refunds.

Subscriber Only Stories
Catching up with the mega fauna in Africa on the translocation of the che...Premium
The last, painful days of Anthony BourdainPremium
Dibang hydel project: Arunachal says no land for national park, NGT drops...Premium
15 stations, 14 km: Shimla aims to decongest roads with ropeway transitPremium

First published on: 30-09-2020 at 05:24:25 pm
Next Story

Entries invited for IGNOU Student Innovation Award-2020, here’s how to submit application

Latest Comment
Post Comment
Read Comments
Advertisement
Advertisement
Advertisement
Advertisement