Quick Summary
The Income Tax Department, via their official Twitter handle, has released the figures of Income Tax Refunds made between 1st April 2021and 12th July 2021. Know the amount of total refund and itsbifurcation below: CBDT issues refunds of over Rs. 38,950 crore to more than 19.59 lakh taxpayers between 1st April, 2021 to 12th July, 2021. Income tax refunds of Rs. 11,731 crore have been issued in 18,52,540 cases corporate tax refunds of Rs. 27,220 crore have been issued in 1,06,433 cases.
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1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
3 Months PLAN
999
(Excl. of GST ₹179)
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FAQ :
More than 19.59 lakh taxpayers received refunds during this period.
A total of over Rs 38,950 crore was issued in refunds.
Rs 11,731 crore was issued as income tax refunds.
Income tax refunds were issued in 18,52,540 cases.
Corporate tax refunds amounted to Rs 27,220 crore.
Corporate tax refunds were issued in 1,06,433 cases.
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