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Money Back Received From online Payment System taxable or not?
Money Back received form verius payment apps and websites offer money back. Money back received in back account that amount is taxable or not?.
Replies (2)
if it's the income on which if you had already paid tax then not taxable otherwise taxable
since on that money u have already paid tax...u dont need to add them in ur Income...the cash back or Money back reduces ur cost of purchase....it doent become part of ur income...😊
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