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 30th August 2021. Know the amount of total refund and its bifurcation below:
CBDT issues refunds of over Rs. 67,401 crore to more than 23.99 lakh taxpayers between 1st April, 2021 to 30th August, 2021. Income tax refunds of Rs. 16,373 crore have been issued in 22,61,918 cases & corporate tax refunds of Rs. 51,029 crore have been issued in 1,37,327 cases.
FAQ :
Over Rs 67,401 crore has been issued as refunds.
More than 23.99 lakh taxpayers received refunds.
The figures cover the period from 1st April 2021 to 30th August 2021.
Rs 16,373 crore in income tax refunds were issued in 22,61,918 cases, and Rs 51,029 crore in corporate tax refunds were issued in 1,37,327 cases.
The Central Board of Direct Taxes (CBDT) issued these refunds.
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