scorecardresearchIncome Tax: Refunds of ₹1.14 lakh crore issued already; Here's how to

Income Tax: Refunds of 1.14 lakh crore issued already; Here's how to get yours

Updated: 04 Sep 2022, 08:47 AM IST
TL;DR.

This include personal and corporate refunds amounting to 61,252 crore and 53,158 crore respectively.

PAN is essential for a host of transactions by individuals and businesses and for filing income tax returns. (Parveen Kumar/ht)

PAN is essential for a host of transactions by individuals and businesses and for filing income tax returns. (Parveen Kumar/ht)

(PTI) The Income Tax department has issued refunds of over 1.14 lakh crore in the first five months of this fiscal.

“CBDT (Central Board of Direct Taxes) issues refunds of over Rs. 1.14 lakh crore to more than 1.97 crore taxpayers between 1st April, 2022 to 31st Aug, 2022,” the I-T department tweeted.

This include personal and corporate refunds amounting to 61,252 crore and 53,158 crore respectively. 

First Published: 04 Sep 2022, 08:47 AM IST