Other sources

Tax queries 354 views 2 replies

Income from other sources can be shown in the return on cash basis or mercantile basis. I want to shown interest earned on fd on cash basis. and i m salaried employee. Is it possible.

Replies (2)

interest  on fd is always taxable on accrue basis

yes it is possible


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register