Quick Summary
The Income Tax Department, via their official Twitter handle, has released the figures of Income Tax Refunds made between 1st April 2021and 1st November2021. Know the amount of total refund and itsbifurcation below: CBDT issues refunds of over Rs. 1,12,489 crore to more than 91.30 lakh taxpayers
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FAQ :
More than 91.30 lakh taxpayers received refunds during this period.
Over £1,12,489 crore (approximately £1.12 lakh crore) was issued in refunds.
£33,548 crore in income tax refunds were issued to 89,53,923 cases.
£78,942 crore in corporate tax refunds were issued to 1,75,692 cases.
Yes, 58.22 lakh refunds amounting to £11,086.89 crore were issued for AY 2021-22.
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