Over Rs 2400 Crore Income Tax Refund Issued in First Week of September

Income Tax Refund Issued

Central Board of Direct Taxes (CBDT) has informed that it has issued refunds of over Rs 70,120 crore to more than 26.09 lakh taxpayers between 1st April, 2021 to 6th September, 2021.

Out of the amount refunded, Income tax refunds of Rs 16,753 crore have been issued in 24,70,612 cases, whereas corporate tax refunds of Rs 53,367 crore have been issued in 1,38,801 cases.

Till 30th August, the figure was 67,701 crore refunds to more than 23.99 lakh taxpayers. From 30th August till 6th September Income Tax Refunds issued amounts to Rs 2419 crore.



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