Central Board of Direct Taxes (CBDT) has informed that it has issued refunds of over Rs 1,36,779 crore to more than 1.27 crore taxpayers between 1st April, 2021 to 13th December, 2021.
Out of the amount refunded, Income tax refunds of Rs 46,438 crore have been issued in 1,25,34,644 cases, whereas corporate tax refunds of Rs 90,340 crore have been issued in 2,02,705 cases.
Further, this amount includes 90.95 lakh refunds of AY 2021-22 amounting to Rs 18,848.60 crore.
Till 6th December, 2021, the figure was 1,32,181 crore refunds to more than 1.19 crore taxpayers. From 6th till 13th December Income Tax Refunds issued amount to Rs 4398 crore
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Knowledge Update
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