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CBDT issues refunds of over Rs 84,700 crore to taxpayers in FY22 so far

CBDT issues refunds of over Rs 84,700 crore to taxpayers in FY22 so far

CBDT issued the refunds to over 59.51 lakh taxpayers from April 1, 2021 to October 11, 2021.

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The Central Board of Direct Taxes (CBDT) has issued refunds of over Rs 84,781 crore to more than 59.51 lakh taxpayers from April 1, 2021 to October 11, 2021, the Income Tax Department has said. 

The CBDT issued the refunds to over 59.51 lakh taxpayers from April 1, 2021 to October 11, 2021, a tweet by the I-T Department said.

Income tax refunds of Rs 22,214 crore were issued in 57,83,032 cases during the period.

The CBDT also issued corporate tax refunds of Rs 62,567 crore in 1,67,718 cases, it added.

This refunds include 29.23 lakh cases of assessment year 2021-22, amounting to Rs 2,241.39 crore, it added.

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