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Added on : 2018-07-05 18:00:34

Income tax refunds worth over ₹ 70,000 crore have been issued to the taxpayers and almost all refund claims pending as on June-end has been processed, the Central Board of Direct Taxes (CBDT) said on Wednesday. CBDT is the country’s apex direct taxes body. “More than ₹ 70,000 crore of refunds have been issued to the taxpayers as a result of special drive and expeditious processing of returns involving claim of refunds,” the tax department said.

Income tax refunds worth over ₹ 70,000 crore have been issued to the taxpayers and almost all refund claims pending as on June-end has been processed, the Central Board of Direct Taxes (CBDT) said on Wednesday. CBDT is the country’s apex direct taxes body. “More than ₹ 70,000 crore of refunds have been issued to the taxpayers as a result of special drive and expeditious processing of returns involving claim of refunds,” the tax department said.

Editor & Publisher : Dr Dhimant Purohit

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