Income Tax Returns: Income Tax Department Processed About 88% of Verified ITRs for AY 2023-24, Says CBDT
"The Income Tax Department has processed about 88% of the verified ITRs for AY 2023-24 as on 05.09.2023.," it said. The CBDT also said that more than 2.45 crore refunds for AY 2023-24 have been issued.
The Central Board of Direct Taxes (CBDT) on Tuesday said that over six crore of verified Income Tax Returns have been processed. "The Income Tax Department has processed about 88% of the verified ITRs for AY 2023-24 as on 05.09.2023.," it said. The CBDT also said that more than 2.45 crore refunds for AY 2023-24 have been issued. Monetary Policy Is Like Driving a Car on a Road With Potential Ditches and Speed Bumps, Says RBI Governor Shaktikanta Das (Watch Video).
Committed to Faster Processing of Returns, Says CBDT
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