05 August 2014
Hello Everyone, please help me out.. Assessee-Individual interest received on enhanced compensation under compulsory acquisition of agricultural land & TDS deducted at 10% on Interest received. which ITR form to be filled and what details exactly shown in the ITR and please let me know about any exemption on Interest income. How can I claim refund of Deducted amount.
06 August 2014
intt will taxable under income from other sources and deduction u/s 57 it is 50% of intt recd. you can file return and get the refund of TDS.