Hi,
I have not been filing my IT returns since leaving my job quite a few years ago...because my annual income is now well below the taxable limit. However, in April 2019, I made a fixed deposit of Rs 9 lakhs from the proceeds of my PPF (public provident fund) account on its maturity. Since the bank has deducted tax on the interest from this FD, I filed my IT return this year in order to claim a refund.
My query is this: Since the IT form, Form 16 A, or Form 26AS do not reflect the source of the Rs 9 lakhs anywhere, will it create a problem with the IT department?