CBDT issues refunds to more than 2.14 crore taxpayers from 1st April 2021 to 7th 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 April2021 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. This includes 1.74 crore refunds of AY 2021-22 amounting to Rs. 35,296.86 crore.
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1 Year PLAN
1999
(Excl. of GST ₹359)

2 Years PLAN
3499
(Excl. of GST ₹629)

BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)

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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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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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