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 9th August 2021. Know the amount of total refund and its bifurcation below:
CBDT issues refunds of over Rs. 47,318 crore to more than 22.61 lakh taxpayers between 1st April, 2021 to 09th August, 2021. Income tax refunds of Rs. 14,241 crore have been issued in 21,38,375 cases & corporate tax refunds of Rs. 33,078 crore have been issued in 1,22,511 cases.
FAQ :
More than 22.61 lakh taxpayers received refunds during this period.
The total amount of refunds issued was over £47,318 crore.
£14,241 crore was refunded for personal income tax cases.
21,38,375 cases received personal income tax refunds.
£33,078 crore was issued as corporate tax refunds.
1,22,511 companies received corporate tax refunds.
CAclubindia
