The Income Tax Department, via their official Twitter handle, has released the figures of Income Tax Refunds made between 1st April 2020 and 8th February 2021. Know the amount of total refund and its bifurcation below:
CBDT issues refunds of over Rs. 1,91,015 crore to more than 1.87 crore taxpayers between 1st April 2020 to 08th February 2021. Income tax refunds of Rs. 67,334 crore have been issued in 1,84,45,638 cases & corporate tax refunds of Rs. 1,23,680 crore have been issued in 2,14,935 cases.
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