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CBDT issues refunds of over Rs 92,961 crore to taxpayers in FY22 so far

 

  • Central Board of Direct Taxes has issued refunds of over 92,961 crore rupees to more than 63.23 lakh taxpayers between 1st of April to 18th of October this year.
  • Income Tax India said, the refunds of 23,026 crore rupees have been issued in over 61.53 lakh cases and Corporate Tax refunds of 69,934 crore rupees have been issued in over 1.69 lakh cases.
  • 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.