Form 16a details
This query is : Resolved
28 February 2013
I wanted to know that if my income tax slab is 20% and TDS on FD by bank is 10%. Will interest payable be a part of my income and do I have to pay remaining amount? I do not see any provision of declaring interest amount in ITR-2 excel utility? Please help.
28 February 2013
Yes, you have to pay interest amount on the self assessment tax paying by you.
For which interest you are asking to disclose in ITR-2 Is it for Interest amount received from Bank on FD then it would be disclose at the Other Income option. Or in case you asking about Interest on self assessment tax paid amount there is an option for interest u/s234A at the PART B TI-ITT sheet please fill it.
OM SAI SRI SAI JAI JAI SAI
For which interest you are asking to disclose in ITR-2 Is it for Interest amount received from Bank on FD then it would be disclose at the Other Income option. Or in case you asking about Interest on self assessment tax paid amount there is an option for interest u/s234A at the PART B TI-ITT sheet please fill it.
OM SAI SRI SAI JAI JAI SAI
28 February 2013
Hi,
Yes you may be required to pay. You have to show it as income from other sources.
Thanks!!
Yes you may be required to pay. You have to show it as income from other sources.
Thanks!!
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Opting our of sec 44AD
- Copyright software
- Regarding appeal to GSTAT
- Transporter Declaration form
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Value of property in capital gain
- Regarding TDS Applicability For Director Remuneration
- LC charges in relation to Asset purchased should be Capitalised ?
- Multiple trade mark
- Taxation on Swing Trading Income (No Other Income)
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
