17 July 2023
DEAR SIR, I HAVE RECEIVED INTEREST ON FDR IN FY 2022-23 WHICH WAS CREATED 5 YEARS BEFORE. NOW I WANT TO FILE MY ITR BUT THE INTEREST BREAKOUT AS PER 5 YEARS , CURRENT YEAR INCOME IS NOT TAXABLE BUT CUMULATIVE INTEREST INCOME IS TAXABLE. SO CAN I GET RELIEF UNDER 89(1) OR NOT. AND IF NOT THEN WHAT IS THE PROCESS TO GET TAX RELIEF. PLEASE SUGGEST
CAclubindia
