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income tax refund

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(Querist)
02 July 2009 Dear Sir/Madam,

I would like to know that I received refund from Income Tax Rs.14792/- include interest of Rs.568/- for AY 2006-07, only interest is added in total income & Rs.14224/- is shown as exempted income in Return of income AY 2009-10.

Regards
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CA.Tarun Maheshwari

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CA.Tarun Maheshwari (Expert)
02 July 2009 Yes. The treatment is ok.
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Ratan Sharma

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Ratan Sharma (Expert)
02 July 2009 Agree with expert. The refund of tax is not at all your income therefore need not be shown as exempt income.
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