CBDT issues refunds of over Rs. 1,29,190 crores to over 9.49 lakh taxpayers between 1st April 2020 and 3rd Nov 2020

Last updated: 04 November 2020

Quick Summary
The Central Board of Direct Taxes (CBDT) has processed a significant number of tax refunds between April 1st, 2020, and November 3rd, 2020. A total of over £1,29,190 crore has been refunded to more than 39.49 lakh taxpayers. This includes income tax refunds amounting to £34,820 crore and corporate tax refunds totalling £94,370 crore.

CBDT issues refunds of over Rs. 1,29,190 crore to more than 39.49 lakh taxpayers between 1st April,2020 to 03rd November,2020. Income tax refunds of Rs. 34,820 crore have been issued in 37,55,428 cases & corporate tax refunds of Rs. 94,370 crore have been issued in 1,93,059 cases.

FAQ :

The CBDT has issued over £1,29,190 crore in tax refunds.

More than 39.49 lakh taxpayers received these refunds.

The refunds were issued between 1st April 2020 and 3rd November 2020.

Income tax refunds of £34,820 crore were issued.

Corporate tax refunds of £94,370 crore were issued.



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