CBDT issues refunds to more than 1.87 crore taxpayers from 1st April 2021 to 7th February 2022

Last updated: 09 February 2022

Quick Summary
The Central Board of Direct Taxes (CBDT) has processed a significant number of tax refunds between April 1, 2021, and February 7, 2022. During this period, over 1.87 crore taxpayers received refunds totalling more than Rs 1.67 lakh crore. This includes both income tax and corporate tax refunds, with a substantial portion allocated to the assessment year 2021-22.

CBDT issues refunds of over Rs. 1,67,048 crore to more than 1.87 crore taxpayers from 1st April 2021 to 7th February, 2022. Income tax refunds of Rs. 59,949 crore have been issued in 1,85,65,723 cases & corporate tax refunds of Rs. 1,07,099 crore have been issued in 2,28,100 cases.

CBDT Issues Over 1.87 Crore Taxpayer Refunds Worth Rs 1.67 Lakh Crore

This includes 1.48 crore refunds of AY 2021-22 amounting to Rs. 28,704.38 crore.

FAQ :

More than 1.87 crore taxpayers received refunds from the CBDT.

The total value of refunds issued was over Rs 1,67,048 crore.

The refunds were issued from 1st April 2021 to 7th February 2022.

Income tax refunds of Rs 59,949 crore were issued.

Corporate tax refunds of Rs 1,07,099 crore were issued.

There were 1.48 crore refunds for AY 2021-22, amounting to Rs 28,704.38 crore.



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