Central Board of Direct Taxes has issued refund of excess 1,19,093 crore to over 1.02 crore taxpayers from 1 April 2021 to 15 November. this year.
“CBDT issued refund of excess 1,19,093 crore to over 1.02 crore taxpayers from April 1, 2021 to November 15, 2021. income tax refund of 38,034 crore have been released in 1,00,42,619 cases and corporate tax refunds 81,059 crore has been released in 1,80,407 cases,” the Income Tax Department said in a tweet.
“This includes 67.99 lakh refunds for the assessment year 2021-22 13,140.94 crore,” the Income Tax Department added.
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