Quick Summary
The Income Tax Department, via their official Twitter handle, has released the figures of Income Tax Refunds made between 1st April 2021and 31st May2021. Know the amount of total refund and itsbifurcation below: CBDT issues refunds of over Rs. 26,276 crore to more than 15.47 lakh taxpayers between 1st April, 2021 to 31st May, 2021. Income tax refunds of Rs. 7,538 crore have been issued in 15,02,854 cases corporate tax refunds of Rs. 18,738 crore have been issued in 44,531 cases.
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FAQ :
More than 15.47 lakh taxpayers received refunds during this period.
Over Rs. 26,276 crore in refunds were issued.
Rs. 7,538 crore in income tax refunds were issued to 15,02,854 individuals.
Rs. 18,738 crore in corporate tax refunds were issued.
44,531 corporate tax refunds were issued.
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