{"id":176906,"date":"2020-07-17T19:22:23","date_gmt":"2020-07-17T19:22:23","guid":{"rendered":"http:\/\/punjabpost.in\/welcome\/?p=176906"},"modified":"2020-07-17T19:38:48","modified_gmt":"2020-07-17T19:38:48","slug":"cbdt-refunded-rs-71229-crore-to-help-taxpayers-during-covid-19-pandemic","status":"publish","type":"post","link":"https:\/\/punjabpost.in\/welcome\/176906","title":{"rendered":"CBDT refunded Rs. 71,229 crore to help taxpayers during COVID-19 Pandemic"},"content":{"rendered":"<p>New Delhi, July 17 (Punjab Post Bureau) &#8211; The Central Board of Direct Taxes (CBDT) has issued refunds worth Rs <img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-80750 alignright\" src=\"https:\/\/punjabpost.in\/welcome\/wp-content\/uploads\/2016\/12\/Income-Tax-300x174.jpg\" alt=\"\" width=\"300\" height=\"174\" srcset=\"https:\/\/punjabpost.in\/welcome\/wp-content\/uploads\/2016\/12\/Income-Tax-300x174.jpg 300w, https:\/\/punjabpost.in\/welcome\/wp-content\/uploads\/2016\/12\/Income-Tax.jpg 448w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>71,229 crore in more than 21.24 lakh cases upto 11<sup>th<\/sup>&nbsp;July, 2020, to help taxpayers with liquidity during COVID-19 pandemic, since the Government\u2019s decision of 8<sup>th<\/sup>&nbsp;April, 2020 to issue pending income tax refunds at the earliest.<\/p>\n<p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Income tax refunds amounting to Rs. 24,603 crore have been issued in 19.79 lakh cases to taxpayers and corporate tax refunds amounting to Rs. 46,626 crore in 1.45 lakh cases have been issued to taxpayers during COVID-19.<\/p>\n<p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;It is stated that the government has laid great emphasis on providing tax related services to the taxpayers without any hassles and is aware that during these difficult times of COVID-19 pandemic, many of the taxpayers are waiting to see that their tax demands and refunds reach finality as quickly as possible.<\/p>\n<p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;It is further emphasized that all the refund related cleaning up of the tax demands are being taken up on priority and is likely to be completed by 31<sup>st<\/sup>&nbsp;August, 2020. Also, all applications for rectifications and for giving effect to appeal orders are to be uploaded on the ITBA. It has been decided to do all the work of rectification and appeal effect on ITBA only.<\/p>\n<p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; It is reiterated that taxpayers, for quick processing of their refunds, should provide immediate response to the emails of I-T Department. A quick response from the taxpayer in this regard would facilitate the I-T Department to process their refunds expeditiously. Many taxpayers have submitted their responses electronically for rectification, appeal effects or tax credits. These are being attended to in a time bound manner. All refunds have been issued online and directly into the bank accounts of the taxpayers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi, July 17 (Punjab Post Bureau) &#8211; The Central Board of Direct Taxes (CBDT) has issued refunds worth Rs 71,229 crore in more than 21.24 lakh cases upto 11th&nbsp;July, 2020, to help taxpayers with liquidity during COVID-19 pandemic, since the Government\u2019s decision of 8th&nbsp;April, 2020 to issue pending income tax refunds at the earliest. &hellip;<\/p>\n","protected":false},"author":1,"featured_media":80750,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[26,11],"tags":[],"class_list":["post-176906","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-articles","category-english"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CBDT refunded Rs. 71,229 crore to help taxpayers during COVID-19 Pandemic | Punjab Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/punjabpost.in\/welcome\/176906\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBDT refunded Rs. 71,229 crore to help taxpayers during COVID-19 Pandemic | Punjab Post\" \/>\n<meta property=\"og:description\" content=\"New Delhi, July 17 (Punjab Post Bureau) &#8211; The Central Board of Direct Taxes (CBDT) has issued refunds worth Rs 71,229 crore in more than 21.24 lakh cases upto 11th&nbsp;July, 2020, to help taxpayers with liquidity during COVID-19 pandemic, since the Government\u2019s decision of 8th&nbsp;April, 2020 to issue pending income tax refunds at the earliest. &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/punjabpost.in\/welcome\/176906\" \/>\n<meta property=\"og:site_name\" content=\"Punjab Post\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/punjabpost.in\/welcome\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-17T19:22:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-07-17T19:38:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/punjabpost.in\/welcome\/wp-content\/uploads\/2016\/12\/Income-Tax.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"448\" \/>\n\t<meta property=\"og:image:height\" content=\"260\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"ppadmin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ppadmin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/punjabpost.in\/welcome\/176906\",\"url\":\"https:\/\/punjabpost.in\/welcome\/176906\",\"name\":\"CBDT refunded Rs. 71,229 crore to help taxpayers during COVID-19 Pandemic | Punjab Post\",\"isPartOf\":{\"@id\":\"https:\/\/punjabpost.in\/welcome\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/punjabpost.in\/welcome\/176906#primaryimage\"},\"image\":{\"@id\":\"https:\/\/punjabpost.in\/welcome\/176906#primaryimage\"},\"thumbnailUrl\":\"https:\/\/punjabpost.in\/welcome\/wp-content\/uploads\/2016\/12\/Income-Tax.jpg\",\"datePublished\":\"2020-07-17T19:22:23+00:00\",\"dateModified\":\"2020-07-17T19:38:48+00:00\",\"author\":{\"@id\":\"https:\/\/punjabpost.in\/welcome\/#\/schema\/person\/e389e50e8970b30f10352199927e8693\"},\"breadcrumb\":{\"@id\":\"https:\/\/punjabpost.in\/welcome\/176906#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/punjabpost.in\/welcome\/176906\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/punjabpost.in\/welcome\/176906#primaryimage\",\"url\":\"https:\/\/punjabpost.in\/welcome\/wp-content\/uploads\/2016\/12\/Income-Tax.jpg\",\"contentUrl\":\"https:\/\/punjabpost.in\/welcome\/wp-content\/uploads\/2016\/12\/Income-Tax.jpg\",\"width\":448,\"height\":260},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/punjabpost.in\/welcome\/176906#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/punjabpost.in\/welcome\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CBDT refunded Rs. 71,229 crore to help taxpayers during COVID-19 Pandemic\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/punjabpost.in\/welcome\/#website\",\"url\":\"https:\/\/punjabpost.in\/welcome\/\",\"name\":\"Punjab Post\",\"description\":\"Daily Online Newspaper &amp; 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