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Wednesday, April 15, 2020

Income Tax Dept issued over 10.2 lakh refunds worth Rs. 4,250 Cr by Apr 14, 2020

As per the recent tweet of CNBC-TV18, sources say that the Government after giving directions to fast-track refunds, the Income Tax India Department says it issued over 10.2 lakh refunds worth Rs. 4,250 Cr by April 14, 2020.
  • IT Dept Had Earlier Issued 2.50 Cr Refunds In F.Y19-20 Till March 31, 2020, Worth Rs 1.84 Lakh Cr
  • IT Dept Aims To Issue 1.75 Lakh More Refunds This Week
  • Refunds Processed Get Credited Directly To The Taxpayer Bank Account In 5-7 Business Days
  • IT Dept Sent Emails To 1.74 Lakh Cases, Seeking Reconciliation Details Alert: Govt Had Issued Instructions To Fast-Track Refunds

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