Between 1st April 2020 and 15th February 2021, the Central Board of Direct Taxes (CBDT) issued refunds to more than 1.90 crore taxpayers. The total amount refunded exceeded Rs. 1,93,455 crore. This includes both individual income tax refunds and corporate tax refunds.
The Income Tax Department, via their official Twitter handle, has released the figures of Income Tax Refunds made between 1st April 2020 and 15thFebruary2021. Know the amount of total refund and itsbifurcation below:
CBDT issues refunds of over Rs. 1,93,455 crores to more than 1.90 crore taxp
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
BEST VALUE
2 YEAR PLAN
3,499
(Excl. of GST ₹629)
1 YEAR PLAN
1,999
(Excl. of GST ₹359)
3 MONTHS PLAN
999
(Excl of GST ₹179)
View all CCI PRO benfits
Already a PRO member?
Login here
for an ad-free experience.
FAQ :
More than 1.90 crore taxpayers received refunds.
The total value of refunds issued was over Rs. 1,93,455 crore.
The data covers the period from 1st April 2020 to 15th February 2021.
Rs. 68,515 crore was issued as income tax refunds.
Rs. 1,24,939 crore was issued as corporate tax refunds.