Dear Sir,
We have completed audit under 44AB. but income tax refund and interest entry not included it happened due to refund credit to Proprietor,s saving account. while Filed ITR interest on refund Rs.2423/-inculuded in other income.Now we wants transfer income tax refund value from saving account to current account ( refund value 22000+ 2423 interest)so please suggest how much amount,s cheque we release Rs.22000 or 24423/-Interest income we already shown under other income.
CAclubindia
