Income Tax refunds worth Rs 1.36 lakh crore issued to 41.25 lakh taxpayers till November 24

PTI | Published: 25th November 2020 04:50 PM
For representational purpose. (Photo | Sindhu Chandrasekaran)

NEW DELHI: The Income Tax Department has issued refunds worth over Rs 1.36 lakh crore to over 41 lakh taxpayers so far this fiscal.

This includes personal income tax (PIT) refunds amounting to Rs 36,028 crore and corporate tax refunds of over Rs 1 lakh crore during this period.

"CBDT issues refunds of over Rs 1,36,962 crore to more than 41.25 lakh taxpayers between 1st April, 2020 to 24th November,2020. Income tax refunds of Rs 36,028 crore have been issued in 39,28,067 cases & corporate tax refunds of Rs 1,00,934 crore have been issued in 1,96,880 cases," the I-T Department tweeted.

Tags : Income Tax Department Personal income tax

More from this section

Sensex breaches 50,000-mark, ends lower on profit-booking
RBI remains net purchaser of US dollar in November, buys USD 10.261 billion
Gold price jumps Rs 575; silver up by Rs 1,227
Budget 2021: CropLife India demands GST rate cut on agrochemicals and focus on R&D
BMW to bring 25 new products in India this year

Next >>