The Income Tax Department, via their official Twitter handle, has released the figures of Income Tax Refunds made between 1st April 2020 and 22nd February 2021. Know the amount of total refund and its bifurcation below:
CBDT issues refunds of over Rs. 1,95,736 crore to more than 1.93 crore taxpayers between 1st April,2020 to 22nd February,2021. Income tax refunds of Rs. 69,653 crore have been issued in 1,90,52,977 cases & corporate tax refunds of Rs. 1,26,083 crore have been issued in 2,17,399 cases.
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