Accounting software deals with the processing of accounting transactions and financial data. Accounting software stores data and generates financial reports. Examples of accounting softwares are spreadsheet, tally, QuickBooks, ERP softwares etc.Answer and Explanation: ...
Income from Fixed Deposit needs to be shown as Interest portion ofIncome from other sourcesexplained inIncome From Other Sources :Saving Bank Account, Fixed Deposit,RD and ITRas shown in picture below. Please show the entire interest amount including TDS. For example, if you have earned income...