Where to show tax refund in itr 3

ITR Filing 339 views 2 replies

Hello,

I am a salaried individual. In last financial year, I received a tax refund of Rs. 16100 + interest of Rs. 320 from ITD.

I believe I have to show Rs. 320 under head of "Income from other sources" and pay tax on it.

But where do I have to show the refund amount of Rs. 16100 in my ITR ? If yes, which sheet ?

I will be using ITR-3 for AY 2017-18.

Thanks in advance.

 

 

 

Replies (2)

There is no need to mention the Refund Amount of Rs. 16100 as this is your income for the year AY 2016-17 and you have paid the full tax as per the Income Shown by you.

Thanks Vineet for replying.


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