Quick Summary
CBDT issues refunds of over Rs. 1,21,607 crore to more than 35.93 lakh taxpayers between 1st April,2020 to 06th October,2020. Income tax refunds of Rs. 33,238 crore have been issued in 34,09,246 cases & corporate tax refunds of Rs. 88,370 crore have been issued in 1,83,773 cases.
FAQ :
The CBDT has issued over £1,21,607 crore (approximately £121 billion) in refunds.
More than 35.93 lakh (3.59 million) taxpayers received refunds.
These refunds were issued between 1st April 2020 and 6th October 2020.
£33,238 crore (approximately £33.2 billion) was issued as income tax refunds.
£88,370 crore (approximately £88.3 billion) was issued as corporate tax refunds.
34,09,246 (over 3.4 million) income tax refunds were issued.
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