Quick Summary
CBDT issues refunds of over Rs. 1,71,555 crore to more than 1.97 crore taxpayers from 1st April 2021 to 14th February 2022. Income tax refunds of Rs. 63,234 crore have been issued in 1,95,17,945 cases corporate tax refunds of Rs. 1,08,322 crore have been issued in 2,28,604 cases. This includes 1.58 crore refunds of AY 2021-22 amounting to Rs. 31,857.27 crore.
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FAQ :
More than 1.97 crore taxpayers received refunds.
The total value of refunds issued was over £1,71,555 crore.
The refunds were issued from 1st April 2021 to 14th February 2022.
Income tax refunds amounting to £63,234 crore were issued in 1,95,17,945 cases.
Corporate tax refunds amounting to £1,08,322 crore were issued in 2,28,604 cases.
There were 1.58 crore refunds for Assessment Year 2021-22, totalling £31,857.27 crore.
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