is refund of income tax is exempt??
if yes, under which section??
Income tax refund
Sajan Shukla (56 Points)
04 October 2018
2 Replies
Ashwin P. Gohil
(auditor)
(231 Points)
Replied 04 October 2018
refund of income tax is not a income therefore not taxable. but interest on IT refund is taxable as income from other sources
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