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 5th July 2021. Know the amount of total refund and its bifurcation below:
CBDT issues refunds of over Rs. 37,050 crore to more than 17.92 lakh taxpayers between 1st April, 2021 to 05th July, 2021. Income tax refunds of Rs. 10,408 crore have been issued in 16,89,063 cases & corporate tax refunds of Rs. 26,642 crore have been issued in 1,03,088 cases.
FAQ :
More than 17.92 lakh taxpayers received refunds during this period.
The total amount of refunds issued was over Rs. 37,050 crore.
Rs. 10,408 crore was issued as income tax refunds.
16,89,063 taxpayers received income tax refunds.
Rs. 26,642 crore was issued as corporate tax refunds.
1,03,088 taxpayers received corporate tax refunds.
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