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Income Tax Refunds Of Rs 80,086 Crore Issued Till September 27: CBDT

CBDT issued refunds of Rs 80,086 crore to greater than 49.16 lakh taxpayers from April 1 to September 27.

New Delhi: Refunds amounting to greater than Rs 80,000 crore have been issued to the taxpayers throughout the present monetary yr, the CBDT mentioned.

The Central Board of Direct Taxes (CBDT) frames coverage for the Earnings Tax Division.

This determine contains earnings tax refunds of Rs 19,699 crore in 47,53,254 instances and company tax refunds of Rs 60,387 crore in 1,63,021 instances, the Board tweeted on Thursday.

“CBDT points refunds of over Rs 80,086 crore to greater than 49.16 lakh taxpayers from April 1, 2021 to September 27, 2021. This contains 20.92 lakh refunds of AY (evaluation yr) 2021-22 amounting to Rs 1611.45 crore,” it mentioned.

(This story has not been edited by The Press Reporter workers and is auto-generated from a syndicated feed.)

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