Interest on Income Tax Refund.
This query is : Resolved
23 November 2008
A company received interest on Income Tax Refund from Government. Whether such interest on refund should be treated as business income or Income from other source?
23 November 2008
Income from other sources.
24 November 2008
Sec 56 Interest on Income tax refunds - Income from other sources
31 August 2010
Dear Friends
may i know why TDS is not being deducted on " Interest on Income tax refunds " ?
may i know why TDS is not being deducted on " Interest on Income tax refunds " ?
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