Income Tax Refund in April-August 2022: The Income Tax Department has issued ITR Refund to greater than 1.97 crore taxpayers from April to August 2022. In this, an quantity of greater than Rs 1.14 lakh crore has been launched within the month of April to August. Giving data in this subject, the Income Tax Department has stated that this determine is from 1 April 2022 to 31 August 2022.
The ultimate date for submitting source of revenue tax returns with out penalty for the monetary 12 months 2021-2022 and evaluate 12 months 2022-2023 used to be 31 July 2022. After that you’re going to need to pay a penalty for submitting the go back. According to the knowledge of the Income Tax Department, until 31 July 2022, a complete of five.83 crore other people have filed ITR. Since then, the IT division is ceaselessly issuing refunds (ITR Refund) to its taxpayers.
Income tax division gave data
Giving details about the refund at the professional Twitter take care of of the Income Tax Department, it’s been stated, ‘CBDT has issued a complete refund of Rs 1.14 lakh crore to one.97 crore taxpayers between 1 April 2022 to 31 August 2022. In source of revenue tax refund, Rs 61,252 crore has been issued in 1,96,00,998 instances and Rs 53,158 crore as company tax refund.
CBDT problems refunds of over Rs. 1.14 lakh crore to greater than 1.97 crore taxpayers between 1st April, 2022 to thirty first Aug, 2022.
Income tax refunds of Rs. 61,252 crore were issued in 1,96,00,998 instances &company tax refunds of Rs. 53,158 crore were issued in 1,46,871 instances— Income Tax India (@IncomeTaxIndia) September 3, 2022
Check your refund standing like this-
Crores of taxpayers within the nation have were given refunds. If you additionally wish to take a look at your refund standing, then click on at the Income Tax site www.incometax.gov.in for this. Next input your User ID and Password. Then click on on e-filing choice. After this make a selection the Income Tax Return choice and make a selection the View Return choice. You will see ITR main points and standing in simply 1 to two mins.
Where to bitch if refund isn’t gained
If you haven’t gained your refund after submitting ITR on time, then it can be as a result of you will have entered your incorrect checking account quantity. If you haven’t gained your refund, then you’ll bitch to the Income Tax Department at the toll unfastened quantity 1800-103-4455. Apart from this, lawsuits may also be lodged from the unique throughout the e-filing portal of the Income Tax Department.
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