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ITR Update: Income Tax refunds worth about Rs 1.83 lakh crore issued to 2.07 crore taxpayers | Personal Finance News

NEW DELHI: The tax department on Thursday said it has posted reimbursement close to Rs 1.83 lakh crore to more than 2.07 crore taxpayers so far this budget year.

This includes 1.67 crore refunds of the 2020-21 expenditure completed on March 31, 2021, amounting to Rs 33,818.97 crore.

“CBDT returns more than Rs. 1,82,995 crore to more than 2.07 crore taxpayers from 1st Apr, 2021 to 21st December, 2022, ”the IT Department tweeted. Also Read: GST Fraud: Employees Discover fake Receipt Receipt Rs 38.5 crore

This includes personal income tax returns of Rs 65,498 crore to over Rs 2.04 crore and corporate tax returns of Rs 1.17 lakh crore to Rs 2.30 crore. Also Read: iPhone 13 Hack Price: Amazon Sells Smartphone at Rs 11,000, Right Time to Buy?

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