Interest on FDR

This query is : Resolved 

24 March 2011 hi,
please advise me when interest on fdr to be credited in the books of accounts, and also what entry should be made at the time of Form-16 received considering TDS on FDR.

24 March 2011 YES INTEREST ON FDR TO BE CREDITED IN THE BOOKS

WHEN U RECEIVED FORM 16, PASS FOLLOWING ENTRY

TDS RECEIVABLE- DR
TO INTEREST INCOME


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