I-T refunds worth ₹ 1.62 lakh cr issued so far this fiscal

New Delhi, Jan 27 (PTI) - The Income Tax department on Thursday said it has issued refunds worth ₹ 1.62 lakh crore to more than 1.79 crore taxpayers so far this fiscal.

This includes 1.41 crore refunds for 2020-21 fiscal amounting to ₹ 27,111.40 crore.

"CBDT issues refunds of over ₹ 1,62,448 crore to more than 1.79 crore taxpayers from 1st  Apr, 2021 to 24th Jan, 2022," the Income Tax department tweeted.

This includes personal Income Tax refunds of ₹ 57,754 crore issued to over 1.77 crore entities and corporate tax refunds of ₹ 1.04 lakh crore have been issued in 2.23 lakh cases.