I-T refunds price Rs 5,649 crore issued throughout April 1-19: Knowledge

I-T refunds price Rs 5,649 crore issued throughout April 1-19: Knowledge

The Earnings Tax Division on Wednesday stated it has issued refunds of over Rs 5,649 crore to 7.39 lakh taxpayers throughout April 1-19, 2021-22.

Of this, private earnings tax refunds price Rs 3,073 crore had been issued in 7.23 lakh circumstances and company tax refunds of Rs 2,577 crore had been issued to fifteen,206 taxpayers.

CBDT points refunds of over Rs 5,649 crore to greater than 7.39 lakh taxpayers between 1st April, 2021 to nineteenth April, 2021, the I-T division tweeted.

Within the earlier fiscal 12 months which ended on March 31, 2021, the division had issued Rs 2.62 lakh crore price refunds to greater than 2.38 crore taxpayers.

The refund issued in final monetary 12 months is 43.2 per cent increased than Rs 1.83 lakh crore issued in 2019-20.

(Solely the headline and movie of this report might have been reworked by the Enterprise Normal employees; the remainder of the content material is auto-generated from a syndicated feed.)

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