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.
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