Cash basis for rd intt & accural for fd ?
This query is : Resolved
25 March 2015
INCOME FROM OTHER SOURCE :
- Is that ok to follow CASH basis for RD Interest & Accural Basis for FD Interest ??
Please Clarify..
- Is that ok to follow CASH basis for RD Interest & Accural Basis for FD Interest ??
Please Clarify..
25 March 2015
for all sources of income under head income from other sources u need to follow either cash or accrual.
so for rd - cash and fd int accrual is not allowed...u need to follow either cash or accrual for both
so for rd - cash and fd int accrual is not allowed...u need to follow either cash or accrual for both
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