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Income tax refund Received

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(Querist)
15 December 2016 Refund of company received will credit which account?and under which head it will be created?
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CA SAGAR M. AHUJA

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CA SAGAR M. AHUJA (Expert)
15 December 2016 It is adjust against Your TDS account or Advance Tax Account
Thanks.
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CA Suresh Jain

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CA Suresh Jain (Expert)
15 December 2016 Adjust the refund amount against the account in which you have shown the payment of Income tax or/and TDS
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