Tax on FD interest

You have to pay tax on interest credited. For interest accrued, you have to give feedback in AIS - information belongs to other PAN/Other Year and choose self and the year in which the interest will finally be credited. So for example on a FD of 1 Lakh with interest payout on maturity, you have to pay tax in the financial year in which the FD matures, on the total interest, but if you have chosen quarterly interest payout and if the interest is not getting reinvested than that is your earning in the payout year. I hope i was able to put it in words properly.....

You should include only one

afaik you should take the total interest column

u can either show accrued or credit but u need to keep using the same for every year in tax filing

Wrong. You have to add both accrued and credited and show that.

You need to take credited and accrued both.

Bank will not show accrued interest again under credited in next year's certificate.

@kukdookoo @Budhe-Baba @7H4NO5 are all right.

Thanks all. I have added both credit+accrued.