interest recived from trusery or banking institution. which amount will consider due or recived?
vishak (accounts) (488 Points)
29 August 2019i recived interest from bank. now i try to file it return for ay 19-20.26as showing i recived interest and there tds. but actul interest due is higher than actuly recived. if i take due amount in itr. next year if i will recive that amount the bank will diduct tds for that same amount. and i will pay double tax. so what amount i will show in current income tax return. DUE amount or recived amount?