I-T refunds worth Rs 15,438 cr issued in 1 month
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Last Updated: May 05, 2021, 03:18 PM IST
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Synopsis
Of this personal income tax refunds worth Rs 5,047 crore has been issued in over 11.51 lakh cases. Corporate tax refunds of Rs 10,392 crore have been issued to 21,487 taxpayers.
Agencies
In the previous fiscal which ended on March 31, 2021, the department had issued Rs 2.62 lakh crore worth refunds to more than 2.38 crore taxpayers.
The Income Tax department on Wednesday said it has issued refunds of over Rs 15,438 crore to 11.73 lakh taxpayers in one month this fiscal.
Of this personal income tax refunds worth Rs 5,047 crore has been issued in over 11.51 lakh cases. Corporate tax refunds of Rs 10,392 crore have been issued to 21,487 taxpayers.