Interest on Refund on Income Tax is appearing under " Income From other Sources".
Is it Taxable Income?
Is there any section under Income Tax act against Interest on Refund on Income Tax ?
Dip Narayan (Deputy Manager) (776 Points)
15 July 2019Interest on Refund on Income Tax is appearing under " Income From other Sources".
Is it Taxable Income?
Is there any section under Income Tax act against Interest on Refund on Income Tax ?
V. NAVEEN KUMAR SICASA
(193 Points)
Replied 15 July 2019
CA. Umesh kumar
(ca.umesh11@gmail.com)
(1465 Points)
Replied 16 July 2019
Interest on IT refund taxable under income from other sources- interest
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