CBDT issues refunds to more than 1.02 crore taxpayers from 1st April to 15th Nov 2021

Last updated: 18 November 2021

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The Central Board of Direct Taxes (CBDT) has processed a significant number of tax refunds, disbursing over £1.19 lakh crore to more than 1.02 crore taxpayers. This period, from April 1 to November 15, 2021, saw both income tax and corporate tax refunds being issued. The refunds included a substantial amount for the Assessment Year 2021-22.

CBDT issues refunds of over Rs. 1,19,093 crore to more than 1.02 crore taxpayers from 1st April,2021 to 15th November, 2021. Income tax refunds of Rs. 38,034 crore have been issued in 1,00,42,619 cases corporate tax refunds of Rs. 81,059 crore have been issued in 1,80,407 cases. This include

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FAQ :

The CBDT has issued refunds totalling over £1,19,093 crore.

More than 1.02 crore taxpayers received refunds.

The refunds were issued between 1st April 2021 and 15th November 2021.

Income tax refunds amounted to £38,034 crore.

Corporate tax refunds totalled £81,059 crore.

There were 67.99 lakh refunds issued for AY 2021-22, amounting to £13,140.94 crore.

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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CBDT issues refunds to more than 1.02 crore taxpayers from 1st April to 15th Nov 2021