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 25th October 2021. Know the amount of total refund and its bifurcation below:
CBDT issues refunds of over Rs. 1,02,952 crore to more than 77.92 lakh taxpayers from 1st April 2021 to 25th October 2021.
Income tax refunds of Rs. 27,965 crore have been issued in 76,21,956 cases & corporate tax refunds of Rs. 74,987 crore have been issued in 1,70,424 cases.
This includes 46.09 lakh refunds of AY 2021-22 amounting to Rs. 6657.40 crore.
FAQ :
More than 77.92 lakh taxpayers received refunds.
Over Rs 1,02,952 crore in refunds were issued.
The refunds were issued between 1st April 2021 and 25th October 2021.
Rs 27,965 crore in income tax refunds were issued to 76,21,956 cases, and Rs 74,987 crore in corporate tax refunds were issued to 1,70,424 cases.
There were 46.09 lakh refunds issued for AY 2021-22, amounting to Rs 6657.40 crore.
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