Menu
Treatment of interest received on income tax refund
A company had received intrest on income tax refund amounting to Rs.100000/- during the month of Oct' 18 pertaining to AY 2013-14. How the same should be treated in the books of account as per Ind AS i.e under what head the same should be shown in P/L . Is any disclosure required in notes to account.
Replies (1)
Credited as interest from ITD
Assessed u/h. IFOS...
Recent Threads
- Gst interest and penalty doubts regarding missing
- Import of goods IMS telated
- ITR 6 submitting Problem
- Partnership Firm Closure Process
- Why the Costing Department Is Important ?
- Difference in efiling portal and intimation order
- Income tax challan correction
- AGM WITH SHORTER NOTICE
- 15CA/15CB Bulk Filing Automation Tool – Need
- GSTR 9 FY 2023-24 LATE FEE
Related Threads
CAclubindia
