HELLO FRIENDS, CAN ANYBODY TELL ME WHETHER THE INTEREST ON RD, MIS, KVP ETC ARE TAXABLE ON CASH BASIS OR ACCRUAL BASIS.
CA Shiv
(Business Controller)
(2987 Points)
Replied 07 June 2010
Both.. you can do it based on ur accounting system.. but once u do it from first year you cannot change it later on...
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
