nitin (professional) (83 Points)
31 July 2014Form 26 AS shows income of less than 5000 on Fixed Deposit (in a particular bank ) in FY 2013-14.
TDS shown in Form 26AS on this FD is Zero.
What to do while file return (ITR 2) ? What should i fill in xl utility in TDS tab?
Experts Pls advice.
Thanks in Advance.
Mayankkumar
(study/TRP (Tax Return Preparers))
(191 Points)
Replied 31 July 2014
no need to show anything in tds tab.. just show fix deposit interest income in other sources head.
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 31 July 2014
Agree with mayank
You need not show the TDS amount, just leave it. And show the interest income from FD u/h Income from other sources
Gopal Krishna
(MBA)
(26 Points)
Replied 05 August 2014
you need to show only the income received and not the TDS deducted amount that has to be taken care if any other incomes are involved like salaried income etc.
Regards
Gopal
CAclubindia
