CBDT issues refunds of over Rs.1.1 tln bln to more than 3 mln taxpayers

by Nidhi Bhati

The Central Board of Direct Taxes (CBDT) issued refunds worth Rs.1.1 trillion to more than three million taxpayers during 1 April-15 September 2020. This includes personal income tax (PIT) refunds amounting to nearly Rs.317.4 billion issued to 2.9 million taxpayers and corporate tax refunds amounting to Rs.747.3 billion issued to over 174,000 taxpayers during this period.

1. https://economictimes.indiatimes.com/news/economy/finance/tax-refunds-worth-over-rs-1-06-lakh-cr-issued-to-30-92-lakh-taxpayers-till-sep-15-cbdt/articleshow/78148248.cms