I have multi-option deposits (term deposits) in bank. 10% TDS towards interest earned on the deposits is being deducted by the bank. But, FORM 26AS does not include the latest payments towards TDS against deposits. The last two entries in Form 26AS shown is about two months ago.
I have requested the bank for a TDS statement which shows much higher amount than that which appears in Form 26AS? How do I ascertain the correct amount received as interest on deposits in such a case? It is tedious to tabulate and calculate the interest on each term deposit for a financial year.
For the purpose of filing tax return, Can I consider the bank statement for interest earned on term deposit or should I follow Form 26AS which is much less?
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