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CBDT issues tax refunds worth Rs 88,652 cr since April 1st

Updated: Aug 21, 2020 07:39:38am
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CBDT issues tax refunds worth Rs 88,652 cr since April 1st

New Delhi, Aug 21 (KNN) The Central Board of Direct Taxes (CBDT) has so far issued refunds worth over Rs 88,652 crores to more than 24.64 lakh taxpayers since the start of April.

Taking to micro-blogging site twitter, Income Tax India said, '' CBDT has, so far, issued refunds of over Rs. 88,652 crore to more than 24.64 lakh taxpayers from 1st April, 2020 onwards.''

''Income tax refunds of Rs. 28,180 crore have been issued in 23,05,726 cases & corporate tax refunds of Rs.60,472 crore have been issued in 1,58,280 cases,'' it added.

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