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IT dept processes four crore income tax returns

Income tax department has processed more than four crore income tax returns, an increase of over 35 per cent over the previous year. The Central Board Direct Taxes (CBDT) in a release said, Centralized Processing Centre at Bengaluru has issued refunds to the tune of 37 thousand 870 crore rupees in an automated manner of which 67 per cent were issued within 30 days.

It has also issued over 1.61 crore refunds above 100 rupees to taxpayers, an increase of more than 47 per cent over the previous year. CBDT said, the board is committed to ensuring world class taxpayer services through its e-governance programs and increasing the coverage and scope of electronic filing and processing of various forms and applications.

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