Moneycontrol PRO
HomeNewsBusinessEconomyIncome tax refunds worth over Rs 67,400 crore issued in 5 months of this fiscal

Income tax refunds worth over Rs 67,400 crore issued in 5 months of this fiscal

'CBDT issues refunds of over Rs 67,401 crore to more than 23.99 lakh taxpayers between 1st April, 2021 to 30th August, 2021,' the I-T department tweeted.

September 04, 2021 / 17:30 IST
Image: Shutterstock

The Income Tax Department on Saturday said it has issued over Rs 67,400 crore worth refunds in five months of the current fiscal.

"CBDT issues refunds of over Rs 67,401 crore to more than 23.99 lakh taxpayers between 1st April, 2021 to 30th August, 2021," the I-T department tweeted.

Of this, income tax refunds of Rs 16,373 crore have been issued in over 22.61 lakh cases and corporate tax refunds of Rs 51,029 crore have been issued in over 1.37 lakh cases.

PTI
first published: Sep 4, 2021 05:30 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347