EASYOFFICE
EASYOFFICE

Re : Refund recieved from Builder as per RERA order

This query is : Resolved 
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(Querist)
20 February 2022 I have paid builder Rs 59 .32 Lakh . Recieved Rs 56.20 lakh against principal amount and Rs 13.30 lakh against interest. Recieved less Rs 3.12 lakh against principal amount. What will be tax treatment
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
20 February 2022 13.30 lacs received as interest is taxable.

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