The Income Tax Department, via their official Twitter handle, has released the figures of Income Tax Refunds made between 1st April 2021 and 24th May 2021. Know the amount of total refund and its bifurcation below:
CBDT issues refunds of over Rs. 25,301 crore to more than 15.45 lakh taxpayers between 1st April, 2021 to 24th May, 2021. Income tax refunds of Rs. 7,494 crore have been issued in 15,00,397 cases & corporate tax refunds of Rs. 17,807 crore have been issued in 44,140 cases.
News posted by
Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Vardhaman Group of India
Pimpri Chinchwad
CA Inter
View Details
CAclubindia
