Certificate without interest income, Income Tax

[Sounik Mukherjee]

An individual received a TDS certificate (Form 16A) for his accrued interest income on fixed deposits for the F.Y - 2007-08. Can the individual use this certificate with out showing that accrued interest income?

Posts / Replies

[Surender Gupta]

If you wish to include the interest in your taxable in income later based on your accounting policy but you wish to avail the credit of TDS now, I think there should not be any problem.