Interest received income tax refund.
This query is : Resolved
13 July 2013
Friends,
We have received the interest on income tax refund is taxable income of other sources is any exemption for example
Interest on Bank savings 8000/-(other sources Taxable)
Less : Under section 80TTA 8000/-(max 10000)
Is any exemption of Interest on income tax Refund.
We have received the interest on income tax refund is taxable income of other sources is any exemption for example
Interest on Bank savings 8000/-(other sources Taxable)
Less : Under section 80TTA 8000/-(max 10000)
Is any exemption of Interest on income tax Refund.
13 July 2013
No exemption , its taxable
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