banner_ad

Accrued interest

This query is : Resolved 
Profile Image

Profile Image

(Querist)
28 July 2016 My doubt is accrued interest, one of my client he got interest from 01-04-2015 to 09-03-2016 Rs 231741 and also he got accrued interest from 10-03-2016 to 31-03-2016 Rs 14276, total interest Rs 246017. in house property calculation should i take accrued interest or not for IT computation?
Profile Image

CA ALOK KUMAR

Profile Image

CA ALOK KUMAR (Expert)
29 July 2016 Interest is taxable under the head "Income from other sources". So entire interest earned or accrued shall be required to be disclosed in ITR under the column"other sources". For further clarification, you may write to info@wealth4india.com or call @9266242424 OR Logon to www.wealth4india.com.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details