Interest income is the amount paid to an entity to pay its loan or to another entity to use its funds. On a larger scale, interest income is the amount of money an investor earns in an investment or project. 
source https://www.caclubindia.com/articles/auto-fill-income-tax-revised-form-16-fy-2020-21-us-115-bac-44437.asp
source https://www.caclubindia.com/articles/auto-fill-income-tax-revised-form-16-fy-2020-21-us-115-bac-44437.asp
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