Quick Summary
The Income Tax Department, via their official Twitter handle, has released the figures of Income Tax Refunds made between 1st April 2020 and 8th March 2021. Know the amount of total refund and its bifurcation below:
CBDT issues refunds of over Rs. 2,00,411 crore to more than 2.02 crore taxpayers between 1st April,2020 to 8th March,2021. Income tax refunds of Rs. 71,865 crore have been issued in 1,99,44,329 cases & corporate tax refunds of Rs. 1,28,546 crore have been issued in 2,20,372 cases.
FAQ :
Over Rs. 2,00,411 crore in refunds were issued.
More than 2.02 crore taxpayers received refunds.
The data covers the period from 1st April 2020 to 8th March 2021.
Rs. 71,865 crore was issued as income tax refunds in 1,99,44,329 cases.
Rs. 1,28,546 crore was issued as corporate tax refunds in 2,20,372 cases.
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