CBDT issued refunds of over Rs. 1,93,720 crore to more than 2.26 crore taxpayers from April 01, 2021 to March 20, 2022

As per the recent tweet of Income Tax India, the Central Board of Direct Taxes (“CBDT”) has issued refunds of over Rs. 1,93,720 crore to more than 2.26 crore taxpayers from April 01, 2021 to March 20, 2022.

Income tax refunds of Rs. 70,977 crore have been issued in 2,23,99,122 cases & corporate tax refunds of Rs. 1,22,744 crore have been issued in 2,34,293 cases.

This includes 1.85 crore refunds of AY 2021-22 amounting to Rs. 38,447.27 crore.

Source from: https://twitter.com/IncomeTaxIndia/status/1506876305278599173

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