It refund
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 March 2013
Dear Sir,
IT refund is coming with Interest on Refundable amount.
Is this interest amount Taxable or Exempted?
IT refund is coming with Interest on Refundable amount.
Is this interest amount Taxable or Exempted?
26 March 2013
Yes, such interest is taxable under income from other sources.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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