Quick Summary
CBDT issues refunds of over Rs. 1,29,210 crore to more than 1.15 crore taxpayers from 1st April, 2021 to 29th November 2021. Income tax refunds of Rs. 42,981 crore have been issued in 1,13,14,007 cases corporate tax refunds of Rs. 86,228 crore have been issued in 1,93,002 cases. This includes 79.70 lakh refunds of AY 2021-22 amounting to Rs. 16,691.50 crore.
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FAQ :
More than 1.15 crore taxpayers received refunds during this period.
The total value of refunds issued exceeded £1,29,210 crore.
Both income tax refunds and corporate tax refunds were issued.
Income tax refunds amounting to £42,981 crore were issued in over 1.13 crore cases.
Corporate tax refunds totalling £86,228 crore were issued in over 1.93 lakh cases.
Yes, 7.97 lakh refunds for AY 2021-22 amounting to £16,691.50 crore were included.
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