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. 

New Delhi: Refunds amounting to more than Rs 92,961 crore have been issued to taxpayers during the current financial year, the CBDT said on Thursday.

The Central Board of Direct Taxes (CBDT) frames policy for the Income Tax Department.

This figure includes income tax refunds of Rs 23,026 crore in 61,53,231 cases and corporate tax refunds of Rs 69,934 crore in 1,69,355 cases, an official Twitter post said.