Income Tax Department issues over Rs 1.67 lakh crore refunds till Feb 7

Personal income tax refunds of Rs 59,949 crore to 1.85 crore assessees have been made,  the department said. 

New Delhi: The Income Tax Department on Wednesday said it has issued refunds of more than Rs 1.67 lakh crore to 1.87 crore taxpayers so far this fiscal.

This includes 1.48 crore refunds of Assessment year 2021-22 (fiscal ending March 2021) amounting to Rs 28,704.38 crore.

This includes 1.48 crore refunds of AY 2021-22 amounting to Rs. 28,704.38 crore. (2/2)@nsitharamanoffc@officeofPCM@FinMinIndia@PIB_India