Income Tax refunds worth Rs 88,652 cr issued to 24.64 lakh taxpayers so far this fiscal
CBDT is the apex decision-making body in direct tax matters, administers personal income tax and corporate tax.
CBDT is the apex decision-making body in direct tax matters, administers personal income tax and corporate tax.
Central Board of Direct Taxes (CBDT) has been fast-tracking refund payments to help taxpayers in the COVID-19 pandemic situation and has till date issued nearly 14 lakh refunds.
The refund was approved but the refund was not issued due to an error while reading by CPC-ITR. A complaint was lodged for the same by the IT Department.
The tax claims of Indian exporters will be refunded by the Department of Revenue (DoR) within seven days under the…
