Should I mention the exact interest income while filing returns, or approximate round off amount ?

POSTED BY Hemanth ON April 1, 2014 10:39 am COMMENTS (2)

Hi,

Before knowing about liquid funds, I have opened FDs of small duration like 45 days.

Now, I got around Rs.1900 as interest on 6 FDs for this financial year. As I have to declare this under ‘Income from Other Sources’, should I have to enter the exact amount or is it fine to enter a round off near by value.

Regards,

Hemanth.

2 replies on this article “Should I mention the exact interest income while filing returns, or approximate round off amount ?”

  1. Hemanth Chandra says:
    April 1, 2014 at 9:38 pm

    Thank you Ashal.

    Reply
  2. ashalanshu says:
    April 1, 2014 at 7:46 pm

    Dear Hemanth, rounded it off to the 10 Rs. multiple.

    Thanks

    Ashal

    Reply

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