The present application provides a color filter substrate, an array substrate and a display panel. A first dielectric grating layer in the color filter substrate is stacked with a first dielectric layer, and ridges and grooves are arranged at intervals periodically on one side of the first dielectric grating layer away from the first dielectric layer; a first polarizing layer in the color filter substrate is located in the grooves of the first dielectric grating layer; a second polarizing layer in the color filter substrate is located on the ridges of the first dielectric grating layer.