CBDT issues refunds worth over Rs 1,32,381 crore to 1.19 crore taxpayers
CBDT has issued refunds of more than Rs 1,32,381 crore to more than 1.19 crore taxpayers from 1st April 2021 to 6th December 2021.
Dec 09, 2021, 13:38 PM IST
Income tax refunds worth Rs 92,961 crore issued during ongoing fiscal: CBDT
Refunds amounting to more than Rs 92,961 crore have been issued to taxpayers during the current financial year.
Oct 21, 2021, 19:14 PM IST
Income Tax refunds of Rs 98,625 crore issued to 26.2 lakh taxpayers in 5 months
This also includes personal income tax (PIT) refunds amounting to Rs 29,997 crore issued to 24,50,041 taxpayers and corporate tax refunds amounting to Rs 68,628 crore issued to over 1,68,421 taxpayers during this period.
Sep 02, 2020, 21:13 PM IST
CBDT refunds Rs 71,229 crore so far to help taxpayers during COVID-19
The CBDT has issued refunds worth Rs 71,229 crore in more than 21.24 lakh cases up to 11th July 2020, to help taxpayers with liquidity in Covid-19 pandemic days.
Jul 18, 2020, 01:38 AM IST
Income Tax refunds of Rs 4,250 cr issued in a week, says CBDT
CBDT further said that about 1.75 lakh more refunds are in the process of issuance this week, adding "These refunds will get credited directly to the taxpayer bank account in five to seven business days from issuance."
Apr 15, 2020, 20:05 PM IST
CBDT sets August 31 as deadline for clearing pending ITRs, refunds
Taxpayers have been advised to check their status of pending returns for the said AYs at the IT department website for e-filing -- http://incometaxindiaefiling.Gov.In/. They can log in by using their PAN number and specific year of assessment.
May 09, 2016, 23:51 PM IST
CBDT halves refunds issue timeline to 15 days for this fiscal
Concerned over the rising cases of refund-related grievances of the tax-paying public, CBDT Monday issued fresh directions to the Income Tax Department asking it to process all such cases, pending this fiscal, within 15 days instead of the stipulated 30 days.
Mar 07, 2016, 21:07 PM IST
IT Dept processes 3.27 cr returns during April-December
Income Tax Department has processed 3.27 crore returns and has issued refunds in 1.81 crore cases.
Jan 18, 2016, 15:17 PM IST
Good news! Govt orders quick issue of income tax refunds under Rs 50,000
In good news for lakhs of taxpayers awaiting their IT refunds, the government has directed the taxman to "expeditiously" settle claims involving less than Rs 50,000.
Dec 06, 2015, 13:53 PM IST
Income tax refunds of Rs 1.19 lakh cr pending in last 3 years
The pending amount for current fiscal so far is Rs 68,032.21 crore; Rs 43,963.42 crore in 2013-14 and Rs 7,968.51 crore in 2012-13.
Mar 10, 2015, 16:18 PM IST
Expedite IT refunds through online passbook mechanism: Ficci
Industry body Ficci has asked Finance Minister Arun Jaitley to expedite IT refunds by making the process taxpayer-friendly through issuance of an online passbook linked with the permanent account number (PAN) in which refunds are credited as dues for each financial year.
Jun 10, 2014, 19:31 PM IST
