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Accounting treatment of Twice Interest accrued received on Bonds

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(Querist)
11 January 2023 how to treat twice received interest accrued received on bonds.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
11 January 2023 Keep it under liability, it has to be paid back when asked for.
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Daya

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Daya (Querist)
11 January 2023 sir,
my question is that twice interest accrued received from bond
should transfer to interest income
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
11 January 2023 Yes, transfer it to interest income if it's rightly received.
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