As per the recent tweet of Income Tax India, the Central Board of Direct Taxes (“CBDT”) has issued refunds of over Rs. 1,49,297 crore to more than 1.45 crore taxpayers from April 01, 2021 to December 27, 2021.
Income tax refunds of Rs. 50,793 crore have been issued in 1,42,48,302 cases & corporate tax refunds of Rs. 98,504 crore have been issued in 2,19,357 cases.
This includes 1.07 crore refunds of AY 2021-22 amounting to Rs. 21,021.19 crore.