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Interest on income tax refund

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 January 2017 Interest on income tax Refund is taxable in which year and It is taxable on receipt basis.
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CA SAGAR M. AHUJA

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CA SAGAR M. AHUJA (Expert)
07 January 2017 It is taxable in the year of Receipt.
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Gokul Sharma

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Gokul Sharma (Expert)
07 January 2017 TAXABLE IN HEAD OF INCOME FROM OTHER SOURCES
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