banner_ad

Interest paid or interest accrual

This query is : Resolved 
Profile Image

Profile Image

(Querist)
17 July 2016 MY BANK HAVE GIVEN FD INTEREST CERTIFICATE IT CONTAINING TWO TYPE OF INTEREST FIRST -INTEREST PAID RS. 55193 THAT I HAVE CREDIT MY SAVING ACOUNT
SECOND - INTEREST ACCRUAL RS. 4406
TOTAL = 55193+4406=59599
SO QUESTION ARISE THAT WHAT AMOUNT OF FD INTEREST SHOULD BE DECLERED IN INCOME TAX RETURN AS INTEREST INCOME FROM FD 55193 OR 59599
Profile Image

Neelabh Pareek

Profile Image

Neelabh Pareek (Expert)
17 July 2016 You have to declare first one you have already received n bank has deducted the TDs on that one. If you check you 26as if bank has deducted the TDs in that you have to declare the second one also. Otherwise it's up to you wish to declare or not.but for the safer side it is good to declare.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details