Income Tax Dept issues refunds worth ₹17,061 crore so far in FY22

The Income Tax Department on Wednesday said that it has issued over ₹17,061 crore of refunds to more than 13 lakh taxpayers so far in this fiscal year. Out of the total amount, personal income tax refunds worth ₹5,575 crore were issued in over 12.71 lakh cases. Corporate tax refunds of ₹11,486 crore were also issued to 29,592 taxpayers.