While filing itr whether to consider interest as per 26 AS or bank certificate as interest is more in bank certificate than that appearing in Form 26 AS ?
7 Replies
Shaveta Sharma
(Final Student)
(88 Points)
Replied 18 December 2020
It was for one year which matured in June 2019 and renewed for further 1year.
prasad Nilugal
(3914 Points)
Replied 18 December 2020
You have to show Bank Interest as a Income from others source in ITR 1 .
Shaveta Sharma
(Final Student)
(88 Points)
Replied 18 December 2020
My question is regarding the difference in amount as per 26 AS & bank certificate.which to show ?
Kiran Hathalia
(837 Points)
Replied 18 December 2020
Consider interest as per bank certificate because it is the actual income earned and claim the TDS accordingly.
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