Income Tax Refunds of Nearly 2 Lakh Crore Paid This Year

INSUBCONTINENT EXCLUSIVE:
I-T department issues refunds of over Rs 1.92 lakh crore this fiscal year so farOver 1.9 lakh crore refunds have been issued to more than
2.24 crore taxpayers so far in this fiscal year, said the Income Tax department on Wednesday."The CBDT issues refunds of over Rs
refunds of Rs
70,373 crore have been issued in 2,21,62,611 cases - corporate tax refunds of Rs
1,21,746 crore have been issued in 2,32,997 cases," it said."This includes 1.83 crore refunds of AY 2021-22 amounting to Rs
37,961.19 crore," added the department.