The Central Board of Direct Taxes (CBDT) has issued refunds of over ₹67,401 crore to greater than 23.99 lakh taxpayers between April 1 and August 16, the Income Tax Department of India stated on Saturday.
It additional stated that the earnings tax refunds of ₹16,373 crore have been issued in 22,61,918 circumstances and company tax refunds of ₹51,029 crore have been issued in 1,37,327 circumstances.
“CBDT issues refunds of over Rs. 67,401 crore to more than 23.99 lakh taxpayers between 1 April 2021 to 30 August 2021. Income tax refunds of Rs. 16,373 crore have been issued in 22,61,918 cases and corporate tax refunds of Rs. 51,029 crore have been issued in 1,37,327 cases,” Income Tax India tweeted.
Earlier, on August 21, the division had stated that it has issued earnings tax refunds of over ₹49,696 crore to greater than 22.75 lakh taxpayers between April 1 and August 16.
Subscribe to Mint Newsletters * Enter a sound e mail * Thank you for subscribing to our publication.
Never miss a narrative! Stay linked and knowledgeable with Mint.
Download
our App Now!!