CBDT points refunds of over Rs 1.5 crores to taxpayers between April 1 to December 27
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New Delhi: The Central Board of Direct Taxes (CBDT) issued refunds of over Rs 1,56,624 crores to greater than 1.33 crore taxpayers between April 1 to December 27, 2020, an official assertion mentioned right here on Wednesday.
The tweet by the Income Tax Department of India added that Income Tax refunds of Rs 50,554 crores have been issued in 1,31,11,050 instances and company tax refunds of Rs 1,06,069 crores have been issued in 2,03,334 instances.
The final date to file earnings tax returns (ITR) is tomorrow. The due date has been prolonged from July 31 and October 31, 2020, respectively in view of the COVID-19 pandemic. A complete of seven,29,524 ITRs have been filed upto 1400 hrs in the present day. More than 4.54 crores ITR for Annual Year 2020-21 have already been filed until December 29, 2020.
