Hi, It is well known that Income Tax has supplied prefilled data for filing income tax online
While the Form No. 26As inclulde, and which forms the basis for prefilling the form at their site,we find the details on interest accrued and interest paid on FD, as other source of income as one of the prefilled item.
But I do not find the interest on savings bank account paid to the individuals prefilled to be claimed as exemption under 80TTA,
For accuracy prupose, and for standard practice , this item also need to be prefilled as individual would find it to difficult to cull out this information correctly from their passbooks.
Moreover, this convey a meaning that nobody gets any sort of interest on savings bank account.
The interest from savings bank account has to be shown as other income and then this has to be claimed as exemption under 80TTA.
would anybody say, why this is not found in prefilled ITR 1 for salaried person for the assessment year 2021-22
CAclubindia
