As per the recent tweet of Income Tax India, the Central Board of Direct Taxes (CBDT) has issued refunds of over Rs. 1,29,210 crore to more than 1.15 crore taxpayers from April 01, 2021 to November 29, 2021.
Income tax refunds of Rs. 42,981 crore have been issued in 1,13,14,007 cases & corporate tax refunds of Rs. 86,228 crore have been issued in 1,93,002 cases.
This includes 79.70 lakh refunds of AY 2021-22 amounting to Rs. 16,691.50 crore.