CBDT issues refunds of over Rs. 1,93,720 crore to more than 2.26 crore taxpayers from 1st April 2021 to 20th March 2022. Income tax refunds of Rs. 70,977 crore have been issued in 2,23,99,122 cases & corporate tax refunds of Rs. 1,22,744 crore have been issued in 2,34,293 cases.
This includes 1.85 crore refunds of AY 2021-22 amounting to Rs. 38,447.27 crore.