Quick Summary
The Income Tax Department, via their official Twitter handle, has released the figures of Income Tax Refunds made between 1st April 2021 and 2nd August 2021. Know the amount of total refund and its bifurcation below:
CBDT issues refunds of over Rs. 45,896 crore to more than 21.32 lakh taxpayers between 1st April, 2021 to 02nd August, 2021. Income tax refunds of Rs. 13,694 crore have been issued in 20,12,802 cases & corporate tax refunds of Rs. 32,203 crore have been issued in 1,19,173 cases.
FAQ :
More than 21.32 lakh taxpayers received refunds during this period.
The total amount of refunds issued was over £45,896 crore.
Income tax refunds amounting to £13,694 crore were issued.
Income tax refunds were issued in 20,12,802 cases.
Corporate tax refunds totalling £32,203 crore were issued.
Corporate tax refunds were issued to 1,19,173 entities.
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