CBDT Issues Income Tax Refund To 1.19 Crore Tax Payers In 2021
The Central Board of Direct Taxes (CBDT) issued refund of Rs 1,32,381 crores to more than 1.19 crore payers. The refund amount is divided into Rs 44,207 crore issued in 1,17,32,079 cases and corporate tax refund of Rs 88,174 crore in 1,99,481 cases. The total amount also include 83.88 lakh return of Annual Year (AY) 2021-2022 amounting to Rs 17.266.48 crore. The return was confirmed by IT Department through Twitter.