EASYOFFICE
EASYOFFICE
EASYOFFICE

Accrued interest income

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 May 2017 Is it mandatory to show accrued interest income on NSC/KVP/FDR etc. in my salary income ?
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
17 May 2017 Not mandatory, if accrued income not shown higher tax may be attracted at time maturity on entire interest earned. In case of FDR if TDS is deducted you have to show accrued interest mandatory.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links