Tag Archives: #WiredTaxReclaims

How are refunds or returns of electrical items treated in the ITR filing?

Electro Refund Insights   Electro Refund Insights items are treated as negative purchases in the ITR filing. This means that the amount of the refund or return can deducte from the total purchase value of the electrical items. For instance, in a scenario where you buy a television priced at Rs. 10,000 and then return… Read More »