I have applied interest paid certificate on Fixed deposit and accordingly they are given me but i am confused how to show is in my return. they are provide information as below: example: FY 2013-14 outstanding amount as on 31.03.2014 Rs. 25000/- interest credited 0.00 interest paid 0.00
FY 2014-15 outstanding amount as on 31.03.2015 Rs 30000/- interest credited 0.00 interest paid 0.00 FY 2015-16 outstanding amount as on 31.03.2016 Rs .35000/- interest credited 0.00 interest paid 0.00
above referred fixed deposit is my single FD kept bank and i have renewed year every.
So how can i shown it in ITR whether interest amount Rs. 5000/- every year or leave the interest amount
07 June 2016
you should also give the dates of deposit and dates of maturity for a clear answer. In the absence of that, 5000 should be taken as interest for that year.
CAclubindia
