I have few FDs in bank and gives me a handsome annual interest more than 5 lacs. Being a senior citizen I submitted 15H to the bank and when I collected form 16A they gave me only one quarter Q4 which has a nominal TDS of Rs.27 only but in Part A1 of 26AS shows the interest credited to me without TDS. The bank person could not answer me why there was no Q1,Q2 and Q3 form 16A. my income from salary is pension - LIC annuity based and EPS'95 which have no TDS.
There are two queries ..
i) that my interest received from bank is much higher than what is shown in 26AS, so which one has to be shown as income from other sources is the income from 26AS or bank certified interest. Kindly clarify
ii) The interest earned from spouse FD interest is clubbed as my income -- can I also add the TDS shown in her Form 16A although it is very nominal, in my return.
thanks
GR babu