CBDT issues refunds of over Rs. 1,48,274 crores to more than 1.02 crore taxpayers between 1st April 2020 and 14th December 2020



Quick Summary
The Central Board of Direct Taxes (CBDT) has processed a significant number of tax refunds, disbursing over Rs. 1,48,274 crore to more than 1.02 crore taxpayers. This period covers from April 1st, 2020, to December 14th, 2020. The refunds include both income tax and corporate tax payments.

CBDT issues refunds of over Rs. 1,48,274crore to more than 1.02crore taxpayers between 1st April,2020 to 14th December,2020. Income tax refunds of Rs. 45,264crore have been issued in 1,00,02,982 cases & corporate tax refunds of Rs. 1,03,010 crore have been issued in 2,00,854 cases

CBDT issues refunds of over Rs. 1,48,274 crores to more than 1.02 crore taxpayers between 1st April 2020 and 14th December 2020

FAQ :

The CBDT has issued refunds totalling over Rs. 1,48,274 crore.

More than 1.02 crore taxpayers have received refunds.

The refunds were issued between April 1st, 2020, and December 14th, 2020.

The refunds include both income tax and corporate tax.

Income tax refunds amounted to Rs. 45,264 crore.

Corporate tax refunds totalled Rs. 1,03,010 crore.




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 :


More »


Popular News





CCI Pro



Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
18 August 2026
Audit Assistant - Remote / Work From Home

CA ANOOP P K & ASSOCIATES

Kozhikode

CA Inter

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details