Indian Overseas Bank Receives Rs 123.87 Crore Income Tax Refund for AY 2021-22
In a significant financial development, public sector lender Indian Overseas Bank (IOB) announced on Thursday, September 19, that it has received an order from the Income Tax Department confirming a refund of ₹123.87 crore. The refund, granted under Section 250 of the Income Tax Act, 1961, …