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Income Tax Department
The Central Board of Direct Taxes (CBDT) has so far issued over Rs 49,696 crore to more than 22.75 lakh taxpayers between 1 April to 16 August this year, the Income Tax department said on Saturday (20 August).
As per the I-T department, income tax refunds of Rs14,608 crore have been issued in 21,50,668 cases and corporate tax refunds of Rs 35,088 crore have been issued in 1,24,732 cases.
The I-T department has recently launched a new e-filing portal to improve the experience of the taxpayers.
The e-filing portal is used by taxpayers to file their income tax returns and also see other details. On the other hand, officers use it for issuing notices, show-cause notices, summons, questionnaires, receiving responses to different e-proceedings and also for communicating final orders in penalties, appeals, exemptions and also assessment.
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