Personal income tax refunds of Rs 41, 649 crore issued in 1.08 crore cases and corporate tax refunds of Rs 82,018 crore issued in 1,81,218 cases
CBDT issues refunds of over Rs. 70,120 crore to more than 26.09 lakh taxpayers between April 1, 2021, to September 6, 2021.
CBDT has issued over Rs 67,400 crore worth refunds in five months of the current fiscal.
Of this, personal income tax refunds worth Rs 3,073 crore were issued in 7.23 lakh cases and corporate tax refunds of Rs 2,577 crore were issued to 15
Taxpayers often complain that they have not received refunds despite following the due process
The refunds issued in 2020-21 marks an increase of almost 43.2%, the I-T department said