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Rs.43, 991-crore I-T Refunds Issued till July 26 this Fiscal

The Income-Tax Department on Friday said it has issued refunds worth over Rs.43, 991 crore till July 26 in the current fiscal.

It comprises personal income-tax refunds of Rs.13, 341 crore and corporate tax refunds of Rs.30, 651 crore. “The Central Board of Direct taxes (CBDT) issues refunds of over Rs.43,991 crore to more than 21.03 lakh taxpayers between 1st April,2021 to 26th July,2021.Income-tax refunds of Rs.13,341 crore have been issued in 19,89,912 cases and corporate tax refunds of Rs.30,651 crore have been issued in 1,12,567 cases,” the Income-Tax Department tweeted. S-ET

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