CBDT issues refunds to more than 1.59 crore taxpayers from 1st April 2021 to 10th January 2022

Last updated: 13 January 2022

Quick Summary
The Central Board of Direct Taxes (CBDT) has processed a significant number of tax refunds, disbursing over £1.54 lakh crore to more than 1.59 crore taxpayers. This period covers from 1st April 2021 to 10th January 2022. The refunds include both personal income tax and corporate tax, with a substantial portion allocated to Assessment Year 2021-22.

CBDT issues refunds of over Rs. 1,54,302 crore to more than 1.59 crore taxpayers from 1st Apr, 2021 to 10th January, 2022. Income tax refunds of Rs. 53,689 crore have been issued in 1,56,57,444 cases & corporate tax refunds of Rs. 1,00,612 crore have been issued in 2,21,976 cases.

Income Tax Refunds Issued: Over 1.59 Crore Taxpayers Receive Funds

This includes 1.20 crore refunds of AY 2021-22 amounting to Rs. 23,406.28 crore.

FAQ :

More than 1.59 crore taxpayers received refunds.

Over £1,54,302 crore in refunds have been issued.

The refunds were issued from 1st April 2021 to 10th January 2022.

Income tax refunds amounting to £53,689 crore were issued.

Corporate tax refunds totalling £1,00,612 crore were issued.

Approximately 1.20 crore refunds for AY 2021-22 were issued, amounting to £23,406.28 crore.



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