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It refund

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 July 2014 Dear Sir,

My Income Tax Refund for F Y 10-11 was 3303/- but i got refund Rs.3420/-. What should i consider diff amount of Rs.117/-. Is that interest amount?

28 July 2014 Yes its interest on IT refund and it is taxable under the head Income from other sources.



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