17 June 2017
I HAVE FILLED ONE INDIVIDUAL INCOME TAX RETURN AND TREAT INTEREST INCOME AS IFOS. FIRST I INCLUDE INTEREST INCOME IN BUSINESS INCOME AND THAN TREATED AS SEPARATELY ITEM AND THAN INCLUDE IN INCOME FROM IFOS. SO MY QUESTION IS THAT THIS TREATMENT IS RIGHT OR WRONG. INCOME TAX DEPARTMENT HAD DECLARE RETURN AS DEFECTIVE. SO KINDLY GIVE ME ADVICE FOR THE SAME.