New Delhi The Income Tax Department has so far refunded more than Rs 2.13 lakh crore to 2.24 crore taxpayers in the current financial year. This information was given by the department on Wednesday. Under this, between April 1, 2020 to March 22, 2021, Rs 79,483 crore was refunded under personal income tax head and Rs 1.34 crore in company tax head.
The Income Tax Department said in a tweet, ‘CBDT has returned tax amount of over Rs 2,13,823 crore to 2.24 crore taxpayers from April 1, 2020 to March 22, 2021. Of this, Rs 79,483 crore in 2,21,92,812 cases was returned in income tax item, while Rs 1,34,340 crore was returned in 2,22,188 cases under company tax head.
CBDT issues refunds of over Rs. 2,13,823 crore to more than 2.24 crore taxpayers between 1st April,2020 to 22nd March,2021. Income tax refunds of Rs. 79,483 crore have been issued in 2,21,92,812 cases & corporate tax refunds of Rs. 1,34,340crore have been issued in 2,22,188 cases
— Income Tax India (@IncomeTaxIndia) March 24, 2021