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tds refund interest

This query is : Open 
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(Querist)
20 June 2017 Whether interest on tds received is taxable on receipt basis or accrual basis? I have received interest in the month of April 2017 and it is been reflected in 26 AS of Financial year 2016_17
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neha

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neha (Querist)
20 June 2017 I had the query relating to interest on tax refund ?
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Ashiwini Ballodia

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Ashiwini Ballodia (Expert)
20 June 2017 Normally I book it on receipt basis. Opinion of other expert are welcome.
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neha

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neha (Querist)
21 June 2017 Is there any other opinion?
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Ashiwini Ballodia

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Ashiwini Ballodia (Expert)
21 June 2017 Yes you may book when it has been reflected in 26AS
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
21 June 2017 Taxable on receipt basis only
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