CBDT issues refunds to more than 1.97 crore taxpayers from 1st April 2021 to 14th February 2022

Last updated: 16 February 2022

Quick Summary
The Central Board of Direct Taxes (CBDT) has processed a significant number of tax refunds. Between 1st April 2021 and 14th February 2022, over 1.97 crore taxpayers received refunds totalling more than £1.71 lakh crore. This includes both individual income tax refunds and corporate tax refunds, with a substantial portion allocated to Assessment Year 2021-22.

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.

Income Tax Refunds Issued to 1.97 Crore Taxpayers

This includes 1.58 crore refunds of AY 2021-22  amounting to Rs. 31,857.27 crore.

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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