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income tax refund
income tax refund under which Head?
Replies (5)
Income tax refund should be adjusted with TDS Receivable & Interest on IT refund should the treated as indirect income
to fir kisi bi head mai nahi jayega?
income tax refund is not an income to person it is the realisation of asset so it will not be shown under any head in ITR
Koi bhi head me nahi jayega
If you has written off earlier TDS Receivable than transfer the TDS refund to capital account/income tax adjustment account
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