The Central Board of Direct Taxes (CBDT) has issued refunds of over Rs 49,696 crore to greater than 22.75 lakh taxpayers between April 1 and August 16, the Earnings Tax Division of India mentioned on Saturday.
Earnings tax refunds of Rs 14,608 crore issued in 21,50,668 circumstances and company tax refunds of Rs 35,088 crore issued in 1,24,732 circumstances, the CBDT knowledgeable.
“Earnings Tax India: CBDT points refunds of over Rs. 49,696 crore to greater than 22.75 lakh taxpayers between 1st April 2021 to sixteenth August 2021,” the Earnings Tax India tweeted.
Earlier, on August 7, the division had mentioned that it has issued earnings tax refunds of Rs 45,897 crore to 21.32 lakh taxpayers between April 1 and August 2.
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