Income tax on bank deposits interest
This query is : Resolved
17 June 2015
sir, i am in receipt of state bank fd int certificate for fy 2014-15 where in rs. 162239 is shown under int paid column and rs 81900 is shown under int accrual column. hence pl advice me regarding which int income amount i should take into account to compute my tax liability?
vd kulkarni
solapur maharashtra
vd kulkarni
solapur maharashtra
17 June 2015
Total interest you have earned during the year has to be taken into account i.e. Interest received+Interest accrued till 31.03.2015
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