Easy Office
LCI Learning

Interest paid and accrued which considered in income tax

This query is : Resolved 

24 July 2017 sir,

Incometax Calculation what we considered Interest paid and Interest accrued on FDS in bank copy taken they are showing interest paid and interest accrued separately , which I want to show in income from other sources

please kindly help me in this regard

24 July 2017 Taxability arises during income received or accrued whichever is earlier. You need to show both under Income from other sources

27 July 2017 Thank you sir, for your Reply




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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries