I would like to find this out once and for all....
My Fixed / term deposits sometimes have interest payout on maturity while others are payable quarterly. Some deposits are long term not maturing in the current financial year while others do mature during the financial year.
banks give me my interest certificates as requested by me.
Some banks like HDFC give figures of total interest earned and interest accrued - what to take in ITR? (my guess is interest earned as is probably includes interest accrued)
Others like greater Bank give figures of Interest paid and Interest accrued - what to use in ITR? (my guess is both)
Please confirm or guide me in this regard