Form 26 as related

anand (accountant) (90 Points)

13 July 2018

Dear Sir

can u explain in 26As part -A1 (Details of TAx Dudcted at source 15G/15H

in My 26 As SBI on 30 OCt. 2017 FD Interest Credited Rs. 12712.00 how to treat in ITR 1

1. compute AS Interest Income or ohter way

kindly reply

Regards

Anand Kumar

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2 Replies

CA Naveen Chand (Chartered Accountant) (12729 Points)
Replied 13 July 2018

see the attached file

Attached File : 1727343 20180713120814 query reply 2.pdf downloaded: 93 times

Anjali P Nair (ACA,ACMA) (582 Points)
Replied 13 July 2018

FD interest to be shown as income from other sources in ITR1.

part -A1 (Details of TAx Dudcted at source 15G/15H

Form 15G and Form 15H are forms you can submit to make sure TDS is not deducted on your income if you meet the conditions mentioned below

You are an individual or HUF
You must be a Resident Indian
You should be less than 60 years old
Tax calculated on your Total Income is nil
The total interest income for the year is less than the basic exemption limit of that year, which is Rs 2,50,000 for financial year 2017-18 (AY 2018-19

You are an individual
You must be a Resident Indian
You are 60 years old or will be 60 years old during the year for which you are submitting the form
Tax calculated on your Total Income is nil