Taxpayers find I-T refund process more efficient, finds CII survey
87% of individuals and 89% of firms surveyed said refund process was convenient
Source: businesstoday.in
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87% of individuals and 89% of firms surveyed said refund process was convenient
If a taxpayers taxes have been paid in excess of their tax liability, they are entitled to a refund.
Over 1.9 lakh crore refunds have been issued to more than 2.24 crore taxpayers so far in this fiscal year, said the Income Tax department on Wednesday.