Income tax refund is income or not
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 December 2011
If v get income tax refund then is it consider income or not?
08 December 2011
It is the refund of your income tax excess payment and not your income. But yes interest on your Income Tax refund is treated as your Indirect Income.
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