whether interest received on the refund of income is taxable
This query is : Resolved
24 August 2009
hello sir
i received interest amounting to rs.10000 on the refund of tax whether it will be taxable
i received interest amounting to rs.10000 on the refund of tax whether it will be taxable
24 August 2009
I guess it should be taxable in the year of receipt.
24 August 2009
Yes it is txable
24 August 2009
agree with the experts
It will be taxable in the year of receipt
It will be taxable in the year of receipt
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