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 19th April 2021. Know the amount of total refund and its bifurcation below:
CBDT issues refunds of over Rs. 5,649 crore to more than 7.39 lakh taxpayers between 1st April, 2021 to 19th April, 2021. Income tax refunds of Rs. 3,073 crore have been issued in 7,23,561 cases & corporate tax refunds of Rs. 2,577 crore have been issued in 15,206 cases.
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.
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