We usually file our returns using the fixed‑deposit interest shown in the AIS. My question is whether it is correct to file the return using only the accrued interest shown in the bank’s annual interest statement, without including the interest paid. The reason I’m asking is that the accrued interest will appear as “interest paid” in the following year my understanding. please correct me if I am wrong. For example, in the previous financial year someone reported only the bank’s accrued interest, and in the current year’s filing he will again report only the accrued interest. Please clarify.

Note: The AIS shows the total of interest paid plus accrued interest.

Thank you for your guidance.