CBDT issues refunds to more than 7.39 lakh taxpayers between 1st April to 19th April, 2021

Last updated: 22 April 2021

Quick Summary
The Income Tax Department has issued substantial refunds to taxpayers. Between April 1st and April 19th, 2021, over 7.39 lakh individuals and businesses received a total of Rs 5,649 crore in refunds. This includes Rs 3,073 crore for individual income tax and Rs 2,577 crore for corporate tax.

The Income Tax Department, via their official Twitter handle, has released the figures of Income Tax Refunds made between 1st April 2021and 19th April2021. Know the amount of total refund and itsbifurcation below: CBDT issues refunds of over Rs. 5,649 crore to more than 7.39 lakh taxpayers be
Daily Limit Reached

You have reached your daily limit of 2 Free News

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Broadcasts
  • Daily E-Newsletter
  • Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits

Already a PRO member? Login here for an ad-free experience.

FAQ :

More than 7.39 lakh taxpayers received refunds during this period.

The total amount of refunds issued was over Rs 5,649 crore.

Rs 3,073 crore was issued as income tax refunds.

Rs 2,577 crore was issued as corporate tax refunds.

Income tax refunds were issued in 7,23,561 cases.

Corporate tax refunds were issued in 15,206 cases.



Guest

News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

Comments :

Recent News :

  1. Set-Off and Carry Forward of Loss Under Income Tax Act 2025
  2. Income Tax Department Lists 10 ICDS and Their Reconciliation With Accounting Standards
  3. Finance Ministry Allows 10 Lakh MT Duty-Free Raw Sugar Imports Till 31st October
  4. Salaried Employees Tax Benefits for TY 2026-27: Check All Allowances and Exemptions
  5. Compounding of Offences Under Income Tax Act 2025: Key Rules, Charges and Eligibility
  6. ITR-6 Online Filing for AY 2026-27 Now Available on Income Tax Portal
  7. Ind AS Amendment Rules 2026: New Changes in Financial Instruments, Hedge Accounting & Disclosures
  8. Health Insurance Tax Benefits Under IT Act 2025: Deduction Limits, Eligibility and Conditions
  9. Time Limits for Issuing IT Notices and Completing Assessments Under Income Tax Act 2025
  10. Income Tax Department Undertakes Verification of Suspicious Foreign Remittances by 394 Entities

More »


Popular News




Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member sriram devensriram devenPro Member Hitesh RathodHitesh RathodPro Member MUNISH KUMARMUNISH KUMARPro Member SUMAN SAHASUMAN SAHAPro Member Sanjay RatnaniSanjay Ratnani
Subscribe to Pro
Join an elite circle of professionals


Browse by Category