IT Refunds Worth About Rs 1.83 Lakh Crore Issued To 2.07 Crore Taxpayers So Far In FY22

This includes personal income tax refunds of Rs 65,498 crore to over 2.04 crore assessees and corporate tax refunds of Rs 1.17 lakh crore to 2.30 lakh entities.

PTI

Updated on: 24 February 2022 8:15 pm

This includes 1.67 crore refunds of 2020-21 fiscal ended March 2021, amounting to Rs 33,818.97 Cr.

The income tax department on Thursday said it has issued refunds of close to Rs 1.83 lakh crore to more than 2.07 crore taxpayers so far this fiscal.

This includes 1.67 crore refunds of 2020-21 fiscal ended March 31, 2021, amounting to Rs 33,818.97 crore.

"CBDT issues refunds of over Rs. 1,82,995 crore to more than 2.07 crore taxpayers from 1st Apr 2021 to 21st Feb 2022," the I-T department tweeted.

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CBDT issues refunds of over Rs. 1,82,995 crore to more than 2.07 crore taxpayers from 1st Apr,2021 to 21st Feb,2022. Income tax refunds of Rs. 65,498 crore have been issued in 2,04,44,820 cases &corporate tax refunds of Rs. 1,17,498 crore have been issued in 2,30,112 cases(1/2)
— Income Tax India (@IncomeTaxIndia) February 24, 2022

This includes personal income tax refunds of Rs 65,498 crore to over 2.04 crore assessees and corporate tax refunds of Rs 1.17 lakh crore to 2.30 lakh entities.