Earnings Tax refunds of over Rs 1.49 trillion issued thus far this fiscal

Earnings Tax refunds of over Rs 1.49 lakh crore (Rs 1.45 trillion) have been issued to 1.45 crore taxpayers thus far this fiscal, the I-T division stated on Tuesday.

This consists of 1.07 crore refunds of AY 2021-22 (fiscal ended March 31, 2021), amounting to Rs 21,021 crore.

Greater than 4.67 crore ITRs for the 2020-21 fiscal (ended March 2021) have been filed until December 27.

In a tweet, the division stated Earnings Tax refunds of Rs 50,793 crore have been issued to over 1.42 crore entities, and company tax refunds of Rs 98,504 crore have been issued in over 2.19 lakh circumstances.

“CBDT points refunds of over Rs 1,49,297 crore to greater than 1.45 crore taxpayers from 1st Apr 2021 to twenty seventh December 2021,” the I-T division tweeted.

(Solely the headline and film of this report might have been reworked by the Enterprise Customary workers; the remainder of the content material is auto-generated from a syndicated feed.)

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