plz tell me about treatment of income tax refund & interest on income tax refund & section to which these relate& in detail
Thanks & Regards
singh ram malik.
Singh Ram Malik (CA FINAL STUDENT &Article Assistant) (59 Points)
14 July 2009plz tell me about treatment of income tax refund & interest on income tax refund & section to which these relate& in detail
Thanks & Regards
singh ram malik.
Manoj Bansal
(CA FINAL)
(81 Points)
Replied 14 July 2009
income tax refund trf to capital ac n int on income tax rfd chargeable to tax in which year u recd