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Thursday, August 20, 2020

Income tax refunds worth Rs 88,652 crore issued to 24.64 lakh taxpayers so far this fiscal

The income tax (I-T) department on Friday said it has issued refunds worth Rs 88,652 crore to over 24 lakh taxpayers so far this fiscal. This include personal income tax (PIT) refunds amounting to Rs 28,180 crore issued to over 23.05 lakh taxpayers and corporate tax refunds amounting to Rs 60,472 crore to over 1.58 lakh taxpayers during this period.

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