Quick Summary
The Income Tax Department, via their official Twitter handle, has released the figures of Income Tax Refunds made between 1st April 2021 and 10th May 2021. Know the amount of total refund and its bifurcation below:
CBDT issues refunds of over Rs. 17,061 crore to more than 13 lakh taxpayers between 1st April, 2021 to 10th May, 2021. Income tax refunds of Rs. 5,575 crore have been issued in 12,71,401 cases & corporate tax refunds of Rs. 11,486 crore have been issued in 29,592 cases.
FAQ :
More than 13 lakh taxpayers received refunds during this period.
The total amount of refunds issued was over Rs 17,061 crore.
Rs 5,575 crore was issued in income tax refunds to 12,71,401 cases.
Rs 11,486 crore was issued in corporate tax refunds to 29,592 cases.
The data covers the period from 1st April 2021 to 10th May 2021.
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