New Functionality “Know Your Income Tax Refund Status”
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New Functionality “Know Your Income Tax Refund Status”
Which will helps in checking status of pending refund without login on income tax portal
CBDT: Income tax refunds of over INR 1,00,000/- Cr issued this FY
- Central Board of Direct Taxes announced on Wednesday that taxpayers have received refunds totaling Rs 1,02,952 crore in the current financial year. The Income Tax Department’s policy is set by the CBDT.
- According to an official Twitter post, this amount includes income tax refunds of Rs 27,965 crore in 76,21,956 cases and corporate tax refunds of Rs 74,987 crore in 1,70,424 cases. “From April 1, 2021, to October 25, 2021, the CBDT issued refunds of Rs 1,02,952 crore to over 77.92 lakh taxpayers.
- This includes Rs 6,657.40 crore in refunds for the assessment year 2021-22, which totaled 46.09 lakh “income tax department sent out a tweet.
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