ITR Update: Income Tax refunds value about Rs 1.83 lakh crore issued to 2.07 crore taxpayers | Personal Finance News


New Delhi: The earnings tax division on Thursday mentioned it has issued refunds of near Rs 1.83 lakh crore to greater than 2.07 crore taxpayers thus far this fiscal.

This contains 1.67 crore refunds of the 2020-21 fiscal ended March 31, 2021, amounting to Rs 33,818.97 crore.

“CBDT issues refunds of over Rs. 1,82,995 crore to more than 2.07 crore taxpayers from 1st Apr,2021 to 21st Feb,2022,” the IT division tweeted. Also Read: GST Fraud: Officers unearth pretend invoicing racket involving Rs 38.5 crore tax evasion

This contains private earnings tax refunds of Rs 65,498 crore to over 2.04 crore assessees and company tax refunds of Rs 1.17 lakh crore to 2.30 lakh entities. Also Read: iPhone 13 Price Cut: Amazon promoting smartphone at Rs 11,000 low cost, proper time to purchase?

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