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 6th September 2021. Know the amount of total refund and its bifurcation below:
CBDT issues refunds of over Rs. 70,120 crore to more than 26.09 lakh taxpayers between 1st April, 2021 to 6th September, 2021. Income tax refunds of Rs. 16,753 crore have been issued in 24,70,612 cases &corporate tax refunds of Rs. 53,367 crore have been issued in 1,38,801 cases.
FAQ :
More than 26.09 lakh taxpayers received refunds during this period.
Over £70,120 crore was issued in refunds.
£16,753 crore was issued as income tax refunds.
Income tax refunds were issued in 24,70,612 cases.
£53,367 crore was issued as corporate tax refunds.
Corporate tax refunds were issued in 1,38,801 cases.
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