CBDT Issues Rs 92,961 Cr Refunds to 63.23 Lakh Taxpayers
3 years, 2 months ago

CBDT Issues Rs 92,961 Cr Refunds to 63.23 Lakh Taxpayers

News 18  

The Income Tax Department has refunded more than Rs 92,961 crore to more than 63.23 lakh taxpayers till October 18 in the current financial year. “CBDT issues refunds of over Rs 92,961 crore to more than 63.23 lakh taxpayers from April 1, 2021 to October 18, 2021. This includes 32.49 lakh refunds of AY 2021-22 amounting to Rs 2,498.18 crore,” the Income Tax department tweeted. Notably, in the last financial year 2020-21, the Income Tax Department had issued tax refunds of Rs 2.62 lakh crore to 2.38 crore taxpayers.

History of this topic

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