whether interest received on the refund of income is taxable


This query is : Resolved 

24 August 2009 hello sir
i received interest amounting to rs.10000 on the refund of tax whether it will be taxable

24 August 2009 I guess it should be taxable in the year of receipt.

24 August 2009 Yes it is txable

24 August 2009 Yes it is 100% taxable

24 August 2009 agree with the experts

It will be taxable in the year of receipt


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