Cumulative Interest

Hi All,

Basic doubt, I have FD with a bank dummulative option.

the bank has deducted TDS, now i am filing my returns to get refund.

should i show the interest in my Income form other sources?

 

thanks....in advance

Replies (3)

its bank interest / income from other sources.

Just to reiterate.

So i have to show the interest though i have not received.?

 

the interest is added to your FDR after TDS, so your FDR value is now increased. 

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