The Income Tax Department, via their official Twitter handle, has released the figures of Income Tax Refunds made between 1st April 2021 and 4th October 2021. Know the amount of total refund and its bifurcation below:
CBDT issues refunds of over Rs. 82,229 crore to more than 53.54 lakh taxpayers from 1st April, 2021 to 04th October, 2021.
Income tax refunds of Rs. 20,510 crore have been issued in 51,88,762 cases &corporate tax refunds of Rs. 61,719 crore have been issued in 1,65,397 cases. This includes 24.73 lakh refunds of AY 2021-22 amounting to Rs. 1903.05 crore.
CAclubindia
