taxable of income tax refund

324 views 4 replies
When income tax refund are taxable in which financial year it has been recieved in our account
Replies (4)
No...
please evaluate why this concept and under which section are shown in income tax

Dear, Income tax refund is not an income but if you have received interest on income tax refund than interest portion is taxable.

 

agree with Puneet sir


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register