Central Board of Direct Taxes (CBDT) has informed that it has issued refunds of over Rs 82,229 crore to more than 53.54 lakh taxpayers between 1st April, 2021 to 4th October, 2021.
Out of the amount refunded, Income tax refunds of Rs 20,510 crore have been issued in 51,88,762 cases, whereas corporate tax refunds of Rs 61,719 crore have been issued in 1,65,397 cases.
Further, this amount includes 24.73 lakh refunds of AY 2021-22 amounting to Rs 1903.5 crore.
Till 27th September, 2021, the figure was 80,086 crore refunds to more than 49.16 lakh taxpayers. From 27th September till 4th October Income Tax Refunds issued amount to Rs 2,143 crore.