Income Tax Return filed for Assessment Year 2020-21

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This query is : Resolved

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If you filed your Income Tax Return for Assessment Year 2020-21 (FY 2019-20) without including accrued bank FD interest, the Income Tax Department may have flagged this discrepancy. You can revise your tax return and pay any outstanding tax. The deadline for this action has been extended to 31 May 2021.

Fosma NoidaASM

Fosma NoidaASM (Querist)
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18 April 2021 The Income Tax Department has identified high value information which does not appear to be in line with the Income Tax Return filed for Assessment Year 2020-21 (relating to FY 2019-20).

bank fd interest accrued was not considered while filing the return, what should be done and what procedure to be followed?