Income Tax Refunds Worth ₹ 67,401 Crore Disbursed To 24 Lakh Taxpayers In 2021-22
Refunds worth ₹ 67,401 crore have been issued by the Central Board of Direct Taxes (CBDT) to around 24 lakh taxpayers during the period falling between April 1 and August 30, 2021.
The income tax department said in a tweet that income tax refunds worth ₹ 16,373 crore have been given in 22.6 lakh cases while corporate tax refunds worth ₹ 51,029 crore have been released in more than 1.3 lakh cases.
CBDT issues refunds of over ₹ 67,401 crore to more than 23.99 lakh taxpayers between April 1, 2021 to August, 30 2021,” Income Tax India has said in a tweet.
On August 21, the department had said that it has issued income tax refunds of over ₹ 49,696 crore to more than 22.75 lakh taxpayers between April 1 and August 16.
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