Categories: Business

CBDT: Returned RS 67,400 Crore to 24 Lakh Taxpayers until August 30

New Delhi: The tax department said on Saturday that it had issued a refund of more than RS.
67,401 Crore to nearly 24 Lakh Taxpayers between April 1 to August 30 this year.
“RS Income Tax Return 16,373 Crore has been issued in 22,61,918 Cases and Corporate Tax Returns RS 51,029 Crore has been issued in 1.37,327 cases,” said the tax council directly on Twitter.
Earlier on August 21, the tax department had said it had issued more money refunds than Rs.
49,696 Crore to more than 22.75 Lakh Taxpayers between April 1 and August 16.
RS income tax refund.
14,608 Crore has been issued in 21.50.668 Cases & Returns of RS Companies.
35,088 Crore has been issued in 1.24,732 cases, the department said.
The department has said that for the fiscal year 2021-22, he has published more money refunds than Rs.
51,531 crores until August 23.
Until now, 93% of the refund claims in return on income tax for assessment of 2020-2021 have been processed.
In the past week, refunds are more than RS.
15,269 Crore has been issued to be credited to immediate taxpayers, the tax department has said on Twitter on August 29.
“During the past year (TA 20-21), RS 2,62 lakh crore RS (increased by more than 42% of FY.
19-20) was issued for more than 2.37 taxpayers Crore.

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