Interest on refund of incometax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 August 2016
Hello!
I have filed IT return having refund of Rs. 600 on 08.05.2016 for F.Y. 2014-15.
My query is that interest on refund will be calculated from which date?
Thank you
I have filed IT return having refund of Rs. 600 on 08.05.2016 for F.Y. 2014-15.
My query is that interest on refund will be calculated from which date?
Thank you
04 August 2016
From 8.5.2016 to the date of granting refund. Inference - section 244A(1)(a)(ii).
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