CBDT issues refunds to more than 2.24 crore taxpayers from 1st April 2021 to 15th March 2022

Last updated: 17 March 2022

Quick Summary
The Central Board of Direct Taxes (CBDT) has processed a significant number of tax refunds, totalling more than £1.92 lakh crore. This amount was disbursed to over 2.24 crore taxpayers between 1st April 2021 and 15th March 2022. The refunds include both income tax and corporate tax, with a substantial portion allocated to Assessment Year 2021-22.

CBDT issues refunds of over Rs. 1,92,119 crore to more than 2.24 crore taxpayers from 1st April 2021 to 15th March 2022. Income tax refunds of Rs. 70,373 crore have been issued in 2,21,62,611 cases & corporate tax refunds of Rs. 1,21,746 crore have been issued in 2,32,997 cases.

CBDT issues refunds of over Rs. 1,92,119 crore to more than 2.24 crore taxpayers from 1st April 2021 to 15th March 2022

This includes 1.83 crore refunds of AY 2021-22 amounting to Rs. 37,961.19 crore.

FAQ :

The CBDT has issued over £1,92,119 crore in tax refunds.

More than 2.24 crore taxpayers received refunds.

The refunds were issued from 1st April 2021 to 15th March 2022.

This includes £70,373 crore in income tax refunds and £1,21,746 crore in corporate tax refunds.

There were 1.83 crore refunds issued for Assessment Year 2021-22, amounting to £37,961.19 crore.



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