grossing up

If interest is received after deducting TDS then while calculating gross total income we have to gross up tthat net interest.

it is done as under :-

if net interest received is Rs. 990 nd TDS is deducted @ 10 % then gross up will be done as under

interest*100

    90

agree with manish

grossing up is a concept where interest is given after deducting TDS and we have to grossed up interest income.

For Example

if interest income is given rs. 20000 after TDS then we have to grossed up this interest income

20000/90% = 22,222.22

grossing up is nothing but get an actual amount of income before deducting of tds from it 

 it can be calculated as follws

amount after tds*100 

100-rate at which tds is deducted

u can apply this formula in case u get net income and u get  rate of tds in such a case u find actual amount of income