The Income Tax Department, via their official Twitter handle, has released the figures of Income Tax Refunds made between 1st April 2020 and 15th February 2021. Know the amount of total refund and its bifurcation below:
CBDT issues refunds of over Rs. 1,93,455 crores to more than 1.90 crore taxpayers between 1st April 2020 to 15th February 2021. Income tax refunds of Rs. 68,515 crore have been issued in 1,88,02,365 cases & corporate tax refunds of Rs. 1,24,939 crore have been issued in 2,16,064 cases.
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