27 June 2019
I prematurely withdraw my FD in Vijaya bank in April 2019 for 5 Lakhs tenure less than a year. Bank paid me 22500/- as interest after penalty.But in form 26AS, Bank showing 29002/- as interest paid. Bank informed me that the difference is deducted as tax and will reflect in FY 19-20. How to claim refund for this TDS in my next return FY-19-20 . where there will not be any interest against vijaya bank TDS deducted in form 26AS. My total income is below Rs.2,50,000/-.I want to claim refund next year.
24 July 2020
I have found my prevous F Ys years form 26 AS updated with adding "section E" wherein some very high figures > 10L is shown by Bank/s. what are these figures. what do they indicate and what should be done about it by a tax payer. The figure obviouly is a cumulative figure of bank transactions. But unclear as to which particular transactions. one more column says mix or cash. please explain in details so it could be shared amongst my friends and well wishers. Also it will help the general public qat large. Thanks in Advance.
CAclubindia
