Income Tax Refund of Around Rs 1900 Crore Issued in Last Week


Central Board of Direct Taxes (CBDT) has informed that it has issued refunds of over Rs 38,950 crore to more than 19.59 lakh taxpayers between 1st April, 2021 to 12th July, 2021.

Out of the amount refunded, Income tax refunds of Rs 11,731 crore have been issued in 18,52,540 cases whereas corporate tax refunds of Rs 27,220 crore have been issued in 1,06,433 cases.

Till 5th July, 2021 the figure was Rs 37,050 crore refund to more than 17.92 lakh taxpayers.


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Knowledge Source:

Donations to Patanjali Research Foundation to get Income Tax Exemption

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