CBDT issues refunds of Rs. 1,36,066 crores to 40.19 lakh taxpayers between 1st April 2020 to 17th November 2020



Quick Summary
Between April 1st and November 17th, 2020, the Central Board of Direct Taxes (CBDT) has processed and issued a significant number of tax refunds. A total of over £1,36,066 crore has been refunded to more than 40.19 lakh taxpayers. This includes £35,750 crore in income tax refunds for 38,23,304 individuals and £1,00,316 crore in corporate tax refunds for 1,95,518 businesses.

CBDT issues refunds of over Rs. 1,36,066 crore to more than 40.19 lakh taxpayers between 1st April,2020 to 17th November,2020. Income tax refunds of Rs. 35,750 crore have been issued in 38,23,304 cases corporate tax refunds of Rs.1,00,316 crore have been issued in 1,95,518 cases
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 Community
  • Daily E-Newsletter
  • Unlimited News Access
  • Profile Visitors
  • Link Social Profiles
  • Featured Job Posts
  • Pro Badge
  • Expert GST Guidance
  • Unlimited Forum Replies
  • Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)

2 Years PLAN
3499
(Excl. of GST ₹629)

BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)

View all CCI PRO benefits

Already a PRO member? Login here for an ad-free experience. 07941056694

FAQ :

The CBDT has issued refunds totalling over Rs. 1,36,066 crore.

More than 40.19 lakh taxpayers have received refunds.

The refunds were issued between 1st April 2020 and 17th November 2020.

Income tax refunds amounting to Rs. 35,750 crore were issued.

A total of 38,23,304 individual income tax refund cases were processed.

Corporate tax refunds issued amounted to Rs. 1,00,316 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
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details