This includes 1.83 crore repayments from assessment year 2021-22 (fiscal 2020-21), amounting to Rs 37,961.19 crore.

The income tax department said on Wednesday that income tax refunds worth more than Rs 1.92 lakh crore have been issued to more than 2.24 crore taxpayers so far.

This includes 1.83 crore repayments from assessment year 2021-22 (fiscal 2020-21), amounting to Rs 37,961.19 crore.

“CBDT will issue refunds of more than Rs 1,92,119 crore to more than 2.24 crore taxpayers from April 1, 2021 to March 15, 2022,” the income tax department tweeted.
This includes income tax refunds of Rs 70,373 crore and corporate tax refunds of Rs 1.21 lakh crore.


This post The Income Tax Department will issue refunds of more than Rs 1.92 lakh cr . until March 15 was original published at “https://www.financialexpress.com/economy/income-tax-dept-issues-refunds-of-over-rs-1-92-lakh-cr-till-march-15/2463052/”

LEAVE A REPLY

Please enter your comment!
Please enter your name here