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.
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