The Income Tax Department, via their official Twitter handle, has released the figures of Income Tax Refunds made between 1st April 2021 and 31st May 2021. Know the amount of total refund and its bifurcation 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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