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Interest on
FD interest should be shown in ITR as shown in AS 26 or actual as arrived by us in case of long term FD
Replies (4)
Quick Summary
Actual interest received should be reported in ITR
Actual received or reflected in Form 26AS whichever is higher should be considered in ITR.
Actual calculated on accrual basis or reflected in Form 26AS whichever is higher should be considered in ITR.
Show the higher amount
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