Income Tax Refunds Worth Rs 2.13 Lakh Crore Issued To Taxpayers So Far
The portrait of Mahatma Gandhi is displayed on Indian rupee banknotes in an arranged photograph in Bangkok, Thailand. (Photographer: Brent Lewin/Bloomberg)

Income Tax Refunds Worth Rs 2.13 Lakh Crore Issued To Taxpayers So Far

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The Income Tax Department on Wednesday said it has issued refunds worth over Rs 2.13 lakh crore to 2.24 crore taxpayers so far this fiscal.

This include Personal income tax refunds amounting to Rs 79,483 crore and corporate tax refunds amounting to Rs 1.34 lakh crore during the period between April 1, 2020 and March 22, 2021.

"CBDT issues refunds of over Rs 2,13,823 crore to more than 2.24 crore taxpayers between April 1, 2020 to March 22, 2021. Income tax refunds of Rs 79,483 crore have been issued in 2,21,92,812 cases & corporate tax refunds of Rs 1,34,340 crore have been issued in 2,22,188 cases," the Income Tax Department tweeted.

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