Income Tax Refunds Of ₹ 80,086 Crore Issued Till September 27: CBDT

 







Refunds amounting to more than ₹ 80,000 crore have been issued to the taxpayers during the current financial year, the CBDT said.

The Central Board of Direct Taxes (CBDT) frames policy for the Income Tax Department.

This figure includes income tax refunds of ₹ 19,699 crore in 47,53,254 cases and corporate tax refunds of ₹ 60,387 crore in 1,63,021 cases, the Board tweeted on Thursday.

"CBDT issues refunds of over ₹ 80,086 crore to more than 49.16 lakh taxpayers from April 1, 2021 to September 27, 2021. This includes 20.92 lakh refunds of AY (assessment year) 2021-22 amounting to ₹ 1611.45 crore," it said.



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