Central Board of Direct Taxes (CBDT) has informed that it has issued refunds of over Rs 74,158 crore to more than 45.25 lakh taxpayers between 1st April, 2021 to 20th September, 2021.
Out of the amount refunded, Income tax refunds of Rs 18,873 crore have been issued in 43,48,741 cases, whereas corporate tax refunds of Rs 55,285 crore have been issued in 1,55,920 cases.
Further, this amount includes 17.45 lakh refunds of AY 2021-22 amounting to Rs 1350.4 crore.
Till 6th September, 2021, the figure was 70,120 crore refunds to more than 26.09 lakh taxpayers. From 6th September till 20th September Income Tax Refunds issued amounts to Rs 4,038 crore.