Interest on tds refund

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is interest received along with TDS refund is chargeable to tax in the year of receipt??????
Replies (2)

Yes Interest on Refund is  Taxable in the year of receipt.

Yes, interest on income tax refund is taxable in the year of recipt under the hear " income from Other Sources"

 

Regards

CA Shivani Mittal


CCI Pro

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