Interest on fdr

This query is : Resolved 

01 April 2018 Sir, I am a senior citizen I want to know in my ITR for FY 2018-19 which interest o show in ITR 1. Only interest received during the AY 2018-19 or the total interest ie. Interest received + interest receivabl both.
Pl
Advise

Subhash chandra sharma

01 April 2018 As per accounting standards You ll be show the both of Interest Received and Receivable... Also check out Your TDS details..

02 April 2018 SIr, income is taxable on received basis and accrual basis i.e interest received and interest receivable. Hence, show both the interest received and interest receivable in your ITR




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