taxable of income tax refund
lokesh agrawal (142 Points)
26 May 2018
When income tax refund are taxable in which financial year it has been recieved in our account
4 Replies
lokesh agrawal
(142 Points)
Replied 26 May 2018
please evaluate why this concept and under which section are shown in income tax
Puneet Mittal
(Sr. Officer Accounts)
(212 Points)
Replied 26 May 2018
Dear, Income tax refund is not an income but if you have received interest on income tax refund than interest portion is taxable.
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