CBDT Issues Over 98 Lakh Taxpayer Refunds Worth £1.15 Trillion

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.

CBDT Issues Over 98 Lakh Taxpayer Refunds Worth £1.15 Trillion

This includes 65.31 lakh refunds of AY 2021-22 amounting to Rs. 12,616.79 crore.

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.

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