Income Tax Refunds of Over Rs 2.24 Lakh Crore Issued to More Than 2.37 Crore Taxpayers Till March 29

This include Rs 85,012 crore personal income tax refunds to 2.33 crore taxpayers and Rs 1.39 lakh crore worth corporate tax refunds in 2.85 lakh cases.

Income Tax Money

New Delhi, March 31: The Income Tax Department on Wednesday said it has issued refunds worth over Rs 2.24 lakh crore to more than 2.37 crore taxpayers till March 29 in the current fiscal year.

This include Rs 85,012 crore personal income tax refunds to 2.33 crore taxpayers and Rs 1.39 lakh crore worth corporate tax refunds in 2.85 lakh cases. Aadhaar-PAN Linking Deadline Extended to June 30, 2021, From March 31.

“CBDT issues refunds of over Rs 2,24,829 crore to more than 2.37 crore taxpayers between 1st April, 2020 to 29th March, 2021,” the I-T department tweeted.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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