Savings bank interest and fd interest
This query is : Resolved
24 June 2014
The certificate Shows SAvings Bank Interest as 11664.12 (earned) and 11241(received)
WHat should be the amount taken into Computing
SEcondly the FD interest certificate shows
Earned as 83719.23 (earned) and Recd as 142907
What Should be the amount that can be taken in comoputation ??
WHat should be the amount taken into Computing
SEcondly the FD interest certificate shows
Earned as 83719.23 (earned) and Recd as 142907
What Should be the amount that can be taken in comoputation ??
25 June 2014
In case of bank interest interest earned/accrued should be declared as income for the year.
You may receive the interest earned / accrued in the previous year also.
You may receive the interest earned / accrued in the previous year also.
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