Income Tax: refunded Rs 2.13 lakh crore to taxpayers

The Income Tax Department said that it has refunded more than Rs 2.13 lakh crore tax amount to 2.24 crore taxpayers so far in the current financial year. Under this, between April 1, 2020 to March 22, 2021, Rs 79,483 crore was refunded under personal income tax head and Rs 1.34 crore in company tax head.

The Income Tax Department wrote on Twitter, ‘CBDT has returned tax amount of over Rs 2,13,823 crore to 2.24 crore taxpayers from April 1, 2020 to March 22, 2021. Of this, Rs 79,483 crore in 2,21,92,812 cases was returned in income tax item, while Rs 1,34,340 crore was returned in 2,22,188 cases under company tax.

– refunded Rs 2.13 lakh crore to taxpayers

– Income tax department refunds 2.24 crore taxpayers

– Rs 79,483 crore refunded under personal income tax head

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