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Bank fd

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 October 2014 RESPECTED EXPERTS ,

i have a fd of rs 5 lacs . every years i renew it . i was not aware about to mention the interest income in my itr .
should i mention it in current financial year or not ? will it create any problem for me ?
since that fd was created by me 7 years ago , it was from my savings .
will i have to show any proof in case of any issue raised by it department ?

Advice me please !!!
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CA Parul Saxena

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CA Parul Saxena (Expert)
30 October 2014 just show the interest income for 7 years in current financial year and claim the tds for 7 years also.
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Querist : Anonymous

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Querist : Anonymous (Querist)
30 October 2014 ok madam , mam please resolve my one more quarry , will i have to worry about my source of income when i had created that fd ? it was from my savings and income from agriculture land from different different years . but now i dont have any record .
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