Personal income tax refunds of Rs 41, 649 crore issued in 1.08 crore cases and corporate tax refunds of Rs 82,018 crore issued in 1,81,218 cases
This also includes refunds of Rs 67.99 lakh of AY 2021-22, which amounted to Rs 13,140.94 crore.
Refunds from the IT Department can be obtained only if income tax returns have been filed
I-T refunds: The amount includes tax refunds of Rs 19,699 crore in 47,53,254 cases and corporate tax refunds of Rs 60,387 crore in 1,63,021 cases.
For the past few months, Central Board of Direct Taxes officials have claimed that they have tried to complete refund payments as fast as possible to mitigate the hardships caused by the pandemic
To keep this momentum going, the government needs to expand the taxpayers base and provide some more relief to honest taxpayers
Of this, personal income tax refunds of Rs 73,607 crore have been issued to over 2.06 crore taxpayers
Of this, personal income tax refunds of Rs 71,865 crore have been issued to over 1.99 crore taxpayers