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The Central Board of Direct Taxes (CBDT) has issued over Rs. 2,13,823 crore of tax refunds to more than 2.24 crore taxpayers in this financial year.
The refunds were issued between April 1, 2020 to March 22, 2021, the Income Tax Department said in a tweet. Of the total refunds, income tax refunds of Rs 79,483 crore have been issued in 2,21,92,812 cases.
For corporate tax refunds, Rs 1,34,340 crore have been issued in 2,22,188 cases.
“CBDT issues refunds of over Rs. 2,13,823 crore to more than 2.24 crore taxpayers between 1st April,2020 to 22nd March 2021. Income tax refunds of Rs. 79,483 crore have been issued in 2,21,92,812 cases & corporate tax refunds of Rs. 1,34,340crore have been issued in 2,22,188 cases,” the CBDT said in a tweet.
CBDT issues refunds of over Rs. 2,13,823 crore to more than 2.24 crore taxpayers between 1st April,2020 to 22nd March,2021. Income tax refunds of Rs. 79,483 crore have been issued in 2,21,92,812 cases & corporate tax refunds of Rs. 1,34,340crore have been issued in 2,22,188 cases
— Income Tax India (@IncomeTaxIndia) March 24, 2021