Interest from Section 244A Refunds Taxable in Year Received, Meets Income Tax Act Sections 4 & 5 Requirements. https://www.taxtmi.com/highlights?id=18523 Assessment of the interest received u/s 244A - when interest is actually granted along with the refund, the requirement of sections 4 and 5 of the Act are fully satisfied and the same can be taxed in the year of receipt - AT en-us Mon, 12 May 2014 10:39:51 +0530 Mon, 12 May 2014 10:39:51 +0530 TaxTMI RSS Generator Interest from Section 244A Refunds Taxable in Year Received, Meets Income Tax Act Sections 4 & 5 Requirements. https://www.taxtmi.com/highlights?id=18523 Assessment of the interest received u/s 244A - when interest is actually granted along with the refund, the requirement of sections 4 and 5 of the Act are fully satisfied and the same can be taxed in the year of receipt - AT Highlights Income Tax Mon, 12 May 2014 10:39:51 +0530 https://www.taxtmi.com/highlights?id=18523