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GST ON INTEREST
whether gst will be applicable on interest on income tax refund..?
Replies (2)
No. gst is not applicable on interest income
No....
GST is not applicable on Interest on Income Tax Refund. However you have to disclose this Interest Income in your ITR under the head Income from Other Sources and pay tax accordingly.
GST is not applicable on Interest on Income Tax Refund. However you have to disclose this Interest Income in your ITR under the head Income from Other Sources and pay tax accordingly.
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