CBDT issues refunds to more than 98.90 lakh taxpayers from 1st April to 8th November 2021

Last updated: 11 November 2021

Save Share

Quick Summary

The Central Board of Direct Taxes (CBDT) has processed a significant number of tax refunds, disbursing over £1.15 trillion to more than 98.90 lakh taxpayers. This period, from April 1st to November 8th, 2021, saw both income tax and corporate tax refunds being issued. A substantial portion of these refunds, amounting to £12,616.79 crore, were for Assessment Year 2021-22.

CBDT issues refunds of over Rs. 1,15,917 crore to more than 98.90 lakh taxpayers from 1st April,2021 to 8th November, 2021. Income tax refunds of Rs. 36,000 crore have been issued in 97,12,911 cases corporate tax refunds of Rs. 79,917 crore have been issued in 1,77,184 cases. This includes 65

Daily Limit Reached

You have reached your daily limit of 2 Free News

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?

No Ads
WhatsApp Broadcasts
Daily E-Newsletter
Unlimited News Access

BEST VALUE

2 YEAR PLAN

3,499

(Inclusive of GST)

1 YEAR PLAN

1,999

(Inclusive of GST)

View all CCI PRO benfits

Already a PRO member? Login here for an ad-free experience.

FAQ :

The CBDT has issued refunds totalling over £1,15,917 crore.

More than 98.90 lakh taxpayers received refunds.

The refunds were issued from April 1st, 2021, to November 8th, 2021.

Income tax refunds amounted to £36,000 crore, while corporate tax refunds were £79,917 crore.

There were 65.31 lakh refunds issued for Assessment Year 2021-22, totalling £12,616.79 crore.

1347 Views Comment Share Income Tax Report

News posted by

CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

Comments :

CBDT issues refunds to more than 98.90 lakh taxpayers from 1st April to 8th November 2021