Quick Summary
An amount of more than Rs. 1,76,217 crore refunded to more than 1.65 Crore taxpayers between 1st April, 2020 to 18th January, 2021 reports The Central Board of Direct Taxes(CBDT). Read the official announcement below:
CBDT issues refunds of over Rs. 1,76,217 crore to more than 1.65 crore taxpayers between 1st April, 2020 to 18th January, 2021. Income tax refunds of Rs. 58,631 crore have been issued in 1,62,39,742 cases & corporate tax refunds of Rs. 1,17,586 crore have been issued in 2,11,338 cases
FAQ :
More than 1.65 crore taxpayers received refunds.
The total amount refunded was over Rs 1,76,217 crore.
The data covers the period from 1st April 2020 to 18th January 2021.
Rs 58,631 crore was issued as income tax refunds.
Rs 1,17,586 crore was issued as corporate tax refunds.
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