GST ON INTEREST
JITENDRA SINGHVI (SELF EMPLYOED) (211 Points)
17 June 2020
whether gst will be applicable on interest on income tax refund..?
2 Replies
Hemal Makwana
(Designation)
(771 Points)
Replied 17 June 2020
No. gst is not applicable on interest income
Shivam RC
(Student)
(23683 Points)
Replied 17 June 2020
No....
GST is not applicable on Interest on Income Tax Refund. However you have to disclose this Interest Income in your ITR under the head Income from Other Sources and pay tax accordingly.
GST is not applicable on Interest on Income Tax Refund. However you have to disclose this Interest Income in your ITR under the head Income from Other Sources and pay tax accordingly.
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