I-T refunds of Rs 1.26 lakh cr issued to 39.14 lakh taxpayers till Oct 27

The Income Tax department has issued refunds worth over Rs 1.26 lakh crore to over 39 lakh taxpayers this fiscal so far. This include personal income tax (PIT) refunds amounting to Rs 34,532 crore and corporate tax refunds amounting to Rs 92,376 crore during this period.

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