Urget query on fd
This query is : Resolved
26 June 2012
I have F.D of 5 years of Rs. 44000 taken on 18.02.2012 @9.25% maturity value Rs 69507 please tell me whether i should consider the interest income for FY 2011-2012 and if yes, what amount?
26 June 2012
you have both option i.e, considere the interest amount on accrul basis or payment basis.
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