CBDT issues refunds to more than 2.14 crore taxpayers from 1st April 2021 to 7th March 2022

Last updated: 10 March 2022

Quick Summary
The Central Board of Direct Taxes (CBDT) has issued refunds totalling over £1,86,677 crore to more than 2.14 crore taxpayers between 1st April 2021 and 7th March 2022. This includes income tax refunds of £67,442 crore and corporate tax refunds of £1,19,235 crore. A significant portion of these refunds, amounting to £35,296.86 crore, were for Assessment Year 2021-22.

CBDT issues refunds of over Rs. 1,86,677 crore to more than 2.14 crore taxpayers from 1st April 2021 to 07th March 2022. Income tax refunds of Rs. 67,442 crore have been issued in 2,11,76,025 cases & corporate tax refunds of Rs. 1,19,235 crore have been issued in 2,31,654 cases. This includes 1.74 crore refunds of AY 2021-22  amounting to Rs. 35,296.86 crore. 

Income Tax Refunds Issued to Over 2.14 Crore Taxpayers

This includes 1.74 crore refunds of AY 2021-22  amounting to Rs. 35,296.86 crore. 

FAQ :

More than 2.14 crore taxpayers received refunds.

The total value of refunds issued is over £1,86,677 crore.

These refunds were issued from 1st April 2021 to 7th March 2022.

Income tax refunds amounting to £67,442 crore were issued.

Corporate tax refunds amounting to £1,19,235 crore were issued.

There were 1.74 crore refunds issued for Assessment Year 2021-22.



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