Sunday, December 27, 2009

Certificate Of Deposit High Interest Rate How To Calculate Accrued Interest On Post Office Recurring Deposit For IT Purpose?

How to calculate accrued interest on Post office Recurring Deposit for IT purpose? - certificate of deposit high interest rate

In the case of PO recurring savings accounts, shall pay the amount of principal and accrued interest at maturity, and only the Post, no simple calculation of the national coordinator for the calculation of accrued interest, or a certificate for such interest. Working with the interest on deposits of R & D for the display in the item "Income from other sources." If the interests of all, it is in exercise of the actual input rather than an accounting of the displayed, which can lead to high incidence of the higher tax rate.

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