Interest accrual
Querist : Anonymous
What is the Meaning of Interest accrual in Bank Interest?
Interest Accrual is taxable interest or not?
whereas books are closed and prepared on 31/03
so for the period from 31/12 to 31/3, we need to calculate the interest from 31/12 to 30/3...this will be treated as interest accrued.
Querist : Anonymous
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