Income Tax alert! Important ITR filing refund message for you
January, 07th 2021
Income Tax ITR Filing Refund News: Are you one of those Income Tax Return (ITR) filers who are through with their ITR filing and now waiting for refund money amount?
Income Tax ITR Filing Refund News: Are you one of those Income Tax Return (ITR) filers who are through with their ITR filing and now waiting for refund money amount? Here is an important message from Income Tax! The Income Tax department on Wednesday confirmed that it has issued refunds worth over Rs 1.64 lakh crore to over 1.41 crore taxpayers so far this fiscal.
This includes Personal income tax (PIT) refunds amounting to Rs 53,070 crore and corporate tax refunds of over Rs 1.10 lakh crore during this period.
"CBDT issues refunds of over Rs. 1,64,016 crore to more than 1.41 crore taxpayers between 1st April,2020 to 04th January,2021.Income tax refunds of Rs. 53,070 crore have been issued in 1,38,85,044 cases & corporate tax refunds of Rs. 1,10,946 crore have been issued in 2,06,847cases," the Income Tax department tweeted.
Tweet by Income Tax: -
"Here are the statistics of Income Tax Returns filed today. 1,25,430 #ITRs have been filed upto 1200 hrs today & 51,167 #ITRs filed in the last 1hr. For any assistance, pl connect on https://bit.ly/2YgCyk3. We will be glad to assist! @nsitharamanoffc @Anurag_Office @FinMinIndia."
The Department on Tuesday had said that over 5 crore income tax returns (ITRs) for fiscal year 2019-20 have been filed till January 4.
The government has extended the ITR filing deadline for individuals till January 10, and for companies till February 15.