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CBDT issues refunds of over Rs. 1.14 lakh crore

Income Tax Refund

As per recent tweet from Income Tax on 3rd september 2022 it has issued income tax refund of over 1.14 lakh crore to more than 1.97 crore taxpayers between 1st April, 2022 to 31st Aug, 2022.

The text of tweet can be read as under;

CBDT issues refunds of over Rs. 1.14 lakh crore to more than 1.97 crore taxpayers between 1st April, 2022 to 31st Aug, 2022. 
Income tax refunds of Rs. 61,252 crore have been issued in 1,96,00,998 cases &corporate tax refunds of Rs. 53,158 crore have been issued in 1,46,871 cases

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