New Delhi: Income tax The department has issued refunds worth over Rs 1.14 lakh crore in the first five months of the current financial year.
“CBDT (Central Board of Direct Taxes) issues refund of more than Rs. 1.14 lakh crore to over 1.97 crore taxpayers between April 1, 2022 to August 31, 2022,” the IT department tweeted.
This includes personal and corporate refund Rs 61,252 crore and Rs 53,158 crore respectively.
“CBDT (Central Board of Direct Taxes) issues refund of more than Rs. 1.14 lakh crore to over 1.97 crore taxpayers between April 1, 2022 to August 31, 2022,” the IT department tweeted.
This includes personal and corporate refund Rs 61,252 crore and Rs 53,158 crore respectively.