Refunds issued by CBDT on account of Income Tax and Corporate Tax during the month of Sept. 2020

Last updated: 24 September 2020

Quick Summary
The Central Board of Direct Taxes (CBDT) has processed a significant number of tax refunds. Between April 1st and September 22nd, 2020, over £1,11,372 crore was refunded to more than 32.07 lakh taxpayers. This includes £31,856 crore in income tax refunds across 30,29,681 cases and £79,517 crore in corporate tax refunds for 1,76,966 businesses.

CBDT issues refunds of over Rs. 1,11,372 crore to more than 32.07 lakh taxpayers between 1st April,2020 to 22nd September,2020. Income tax refunds of Rs. 31,856 crore have been issued in 30,29,681 cases & corporate tax refunds of Rs.79,517 crore have been issued in 1,76,966cases.

Refunds issued by CBDT on account of Income Tax and Corporate Tax during the month of Sept. 2020

FAQ :

The CBDT has issued over £1,11,372 crore in refunds.

More than 32.07 lakh taxpayers received refunds.

Income tax refunds totalling £31,856 crore were issued in 30,29,681 cases.

Corporate tax refunds amounting to £79,517 crore were issued in 1,76,966 cases.

These figures cover the period from April 1st, 2020, to September 22nd, 2020.



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