Individual Business income : 200,000
Interest on IT refund of last year : 1920 received during FY 2015-16.
Is it necessary to show interst on IT Refund received during FY 2015-16 in ITR as Income from other sources.
Jyothis (Article) (1127 Points)
17 June 2016Individual Business income : 200,000
Interest on IT refund of last year : 1920 received during FY 2015-16.
Is it necessary to show interst on IT Refund received during FY 2015-16 in ITR as Income from other sources.
Forum D Saiya
(Employee)
(212 Points)
Replied 28 June 2016
Yes Interest on IT refund has to be shown under Income from Other sources.
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