New Delhi: The Department of Income Tax (I-T) on Thursday said that it has published a refund of more than Rs 1.54 lakh Crore to more than 1.59 crore taxpayers so far this fiscal.
These include 1.20 crore refunds of assessment of 2021-22 (fiscal ending March 31 2021), amounting to RS 23,406.28 Crore.
“The CBDT issued a refund of more than RS 1,54,302 Crores to more than 1.59 taxpayers from April 1, 2021 to January 10, 2022,” I-T department tweeted.
This includes a personal income tax refund of RS 53,689 Crore to more than 1.56 crore entities and corporate tax returns more than Rs 1 Lakh Crore to more than 2.21 lakh business.
The deadline for submitting a tax return for the 2020-21 fiscal year ended on March 31, 2021, by individual taxpayers ended on December 31, 2021.
For corporate taxpayers, the last date was March 15, 2022.
More than RS 1.54 Lakh Crore I-T Rulseunds issued up to 10 Jan
