Hello respected all,
I have bought KVP (Kisan Vikas Patra) worth 5 Lacs Rs on 15th Nov 2015, which matured on 15th Marc 2024(100 months tenure to double). Now my AIS is showing 5 lacs as interest from deposite from post office, but I have already shown accruded interest in respective preivious years while filing ITR. So what should i do to correct the mismatch.
1) Should file response to AIS compliance site, by the option (INFORMATION IS NOT FULLY CORRECT) and only accept accruded interest for FY 23-24. And then file ITR?
2) Should I file ITR with my arrudal interest calculation neglactive AIS amount? (Which I think will surely invite notice from income tax department)
3) any other way , any one can suggest.
Tanking you in advance.
CAclubindia
