Form 3cd
This query is : Resolved
25 February 2019
Hi Expert,
please help me
will Income tax refund and Interest on FD will form of part of turnover in clause 40 of Form 3cd
please help me
will Income tax refund and Interest on FD will form of part of turnover in clause 40 of Form 3cd
25 February 2019
No, Income by way of interest is not 'turnover' unless assessable as business
income.
income.
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