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know interest amt included in refund, Income Tax

Issue Id: - 5062
Dated: 17-12-2012
By:- rajul begani

know interest amt included in refund


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sir,

how can one know the interst amt included in refund? 26As only tells us abt the Refund Amt.

 

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1 Dated: 25-2-2015
By:- MARIAPPAN GOVINDARAJAN

While sanctioning the refund the Department itself will calculate interest, if it is eligible and pay the same. Now the system is made is clear. While filing your return if any amount is refundable, refund is granted within 3 months from the filing of the return. The system will calculate interest, if any payable and pay the same along with interest.


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