Interest accrued but not paid, but you pay tax.

Namaste sir🙏
I have invested in NSC around 1 Lakh in 2022. And 1.5L in 2023.
As we observed, interest accrued is non taxable for NSC till 4 years.
i.e. we need to declare the interest received in "income from other sources" and claim deduction under 80C.

When I was filling ITR for FY 2022-23, in AIS the interest is not shown but I declared it.
My doubt is, when filing for FY 2023-24, will the interest received show up in AIS for 1L+ 1.5L ???

I PAID INCOME TAX ON ACCRUED INTEREST ON RBI BONDS WHICH IS CUMULATIVE.  TO REDUCE MY TAX LIABILITY AT THE TIME OF MATURITY, I PAID INCOME TAX ON ACCRUED INTEREST FOR THE FIVE YEARS. NOW I GOT THE MATURITY AMOUNT AFTER DEDUCTING TDS ON THE CUMULATIVE INTEREST.  MY QUERY IS THAT HOW I CAN GET THE TAX CREDIT i.e. TAX PAID FOR THE PAST FIVE YEARS ON THE INTEREST - ACCRUAL BASIS IN ITR2 RETURN. PLEASE GUIDE ME

INTEREST PAID AND INTEREST ACCRUED BOTH FILL UP IN ITR1 OR INTEREST PAID ONLY FILL UP. PLEASE SUGGEST

If i want to pay tax on Receipt basis then what i need to do?

What about interest accrued on tax saver fds

Can you please provide KVP interest calculator for calculate accrued interest?

Sir, please post a video regarding how to calculate tax on "SBI MOD ACCOUNT" interest.
Every year in interest certificate it shows interest paid and interest accrued but it has never been paid , actually reinvested.
In this case in ITR which amount should show? Both accrued & paid interest or only accrued interest?

My Question is regarding Accured Interest?

Last year i had added both Accured Interest + Interest Credited and paid the taxes accordingly.

So for this year can i deduct last year's Accured Interest from the amount of Interest Credited?

Regards.

Thanks sir the same thing is happening with me i have invested in goi 8% taxable cumulative bond and they are not deducting tds now if i show the intrest income every year i will be in zero tax rate slab...but if they deduct all the tds on last year how i can get my rebate as income is shown only for that year which will be much greater than my tax slab income.

In case of a company.? Compny gets interest of 1 yr on 30-4 .books closes on 31-3. Accrued interest is posted in P& L ? NO. Hence not TAX on it.?
Am i wrong?

i am finding it hard to digest that how i "did not receive it "?
It is cr. to my bank acc, bank is paying interest on accumulated amt. .....how else you think i should choose getting interest rather than getting it accumulated in the bank acc.

We pay Income tax and from the remaining salary we pay as GST over products....this is a loot man

Sir iam receive 7200 rupees interest by bank .which amount tax I will pay

Tq very much sir