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How to find fd interest for the assessment year

Tax queries 260 views 2 replies

I approximately calculated my FD interest for the assessment year 

F.D amount 900000   rate of interst 9%  hence 81000 No TDS is deducted since i file 15G

however my auditor told me it is 86043 He said he can get the amount from some site.

can you give me the site address 

The FD starts on 17th April 3 year FD 2nd year interst around 86000+

Did he calculate or is it available from Govt site /

 

Thank you

Replies (2)

may get details from 26as 

second may be get from fd statement from bank 

if  ca know rate of interest he can also calculate 

interest and provide it for concern period 

You yourself can calculate it. Calculate it Quarterly at 2.25% compounded.

Second year interest will not be just over 9 lakhs principal........ but including accrued interest of first year.....


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