In this work, Survey and investigation on inter symbol interference (ISI) and inter carrier interference (ICI) due to either carrier frequency offset or timing offset issues and interference mitigation schemes available, compare and analyze their bit error rate performance to various schemes for OFDM and MIMO-OFDM systems. Efforts have been made to develop an efficient interference cancelling receiver for ISI and ICI, algorithms to be implemented on MATLAB environment for OFDM and MIMO-OFDM which are not available in literature.