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Over Rs 1.54 lakh crore I-T refunds issued until January 10

“CBDT issues refunds of over Rs 1,54,302 crore to more than 1.59 crore taxpayers from 1st Apr 2021 to 10th January 2022,” the I-T division tweeted.

The earnings tax division on Thursday stated it has issued refunds of over Rs 1.54 lakh crore to greater than 1.59 crore taxpayers thus far this fiscal. This consists of 1.20 crore refunds of Assessment Year 2021-22 (fiscal ended March 31, 2021), amounting to Rs 23,406.28 crore.

“CBDT issues refunds of over Rs 1,54,302 crore to more than 1.59 crore taxpayers from 1st Apr 2021 to 10th January 2022,” the I-T division tweeted.

This consists of private earnings tax refunds of Rs 53,689 crore to over 1.56 crore entities and company tax refunds of over Rs 1 lakh crore to greater than 2.21 lakh companies.

The deadline for submitting tax returns for the 2020-21 fiscal ended March 31, 2021, by particular person taxpayers ended on December 31, 2021. For company taxpayers, the final date is March 15, 2022.

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