Interest Accrual vs Receipt
This query is : Resolved
Quick Summary
08 June 2025
I am an Individual tax payer. I had received interest from my bank account on 1 April 2025, However the interest was till 31 March 2025. Should I consider this income for FY 24-25 or FY 25-26?
Dhirajlal Rambhia
(Expert)
09 June 2025
It should be considered for FY 2024-25.
Dhirajlal Rambhia
(Expert)
28 September 2025
Good luck.....
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