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The Income Tax department on Wednesday said it has issued over ₹1.76 lakh crore worth refunds to over 1.65 crore taxpayers so far this fiscal.
Of this, personal income tax refunds of ₹58,631 crore have been issued in 1,62,39,742 cases and corporate tax refunds of ₹1.17 lakh crore have been issued in 2.11 lakh cases.
"CBDT issues refunds of over ₹1,76,217 crore to more than 1.65 crore taxpayers between 1st April 2020 to 18th January 2021," the income tax department tweeted.
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