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
Source: https://twitter.com/CNBCTV18Live/status/1250383109536632832