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Interest Calculation Income Tax Refund

Others 4274 views 3 replies

Hi

 

How Interest is computed on Income Tax Refund...

 

Replies (3)

 

If you paid tax  excess of 10% on liability of tax than you are able for interest on refund u/s244A

Interest should be calculated after 3 months from the date of filing return. And interest on refund is 0.50%

thanks boss it s help full

how to calculate the interest on income tax refund in all case case please explain me 


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