I-T Department issues Rs 17,061 crore of refunds this fiscal - Expert News
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I-T Department issues Rs 17,061 crore of refunds this fiscal

I-T Department issues Rs 17,061 crore of refunds this fiscal
Written by Expert News

The Income Tax Department on Wednesday said it has issued over Rs 17,061 crore of refunds to more than 13 lakh taxpayers so far this fiscal year.

Of this, personal income tax refunds worth Rs 5,575 crore were issued in over 12.71 lakh cases and corporate tax refunds of Rs 11,486 crore were issued to 29,592 taxpayers.

“CBDT issues refunds of over Rs 17,061 crore to more than 13 lakh taxpayers between 1st April, 2021 to 10th May, 2021,” the department tweeted.


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