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I-T refunds worth Rs 70,120 crore issued till September 6

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NEW DELHI: The Income Tax Department on Sunday it said it has issued refunds of more than Rs 70,120 crore until September 6 this year.
From this personal income taxes devolution Rs 16,753 crore have been issued in over 24.70 lakh cases and corporate tax refunds of Rs 53,367 crore have been issued in 1.38 lakh cases.
“CBDT (Central Board of Direct Taxes) issues refunds of more than Rs 70,120 crore to more than 26.09 lakh taxpayers between April 1, 2021 and September 6, 2021 ”, the Income tax Department tweeted.





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