Interest on savings account at low

Others 237 views 4 replies

Is it advisable to show lower interest income of savings bank account in itr?

Replies (4)

No, it should be same or higher amount what is shown in 26 AS.

No, it should be same or higher amount what is shown in 26 AS.

26AS doesn't reflect the amount

If TDS is deducted by bank, it will reflect in 26AS with tax. If no tax is deducted then it will not reflect in it. In that case you may show correct interest credited in your bank account in other sourse.and  claim  exemption under 80TTA or 80TTB for maximum upto 10K or 50K, as the case may be. 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details