Interest

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manoj kumar (Querist)
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26 March 2015 interest on income tax refund is capital r income ?

CA AnKiT BoHrA (AB) (Expert)
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26 March 2015 interest is taxable under income from other sources head

CS,CA F,Numrologi TusharSampat (Expert)
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27 March 2015 it is not capital reciept as int on income tax refund is revenue item taxable as income from other sources

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