banner_ad

Interest income not shown in the income tax return

This query is : Resolved 
Profile Image

Profile Image

(Querist)
25 July 2014 Respected Expert
One of my clients who is a salaried employee filed his return income electronically for FY 2012-13 without considereing the Interest on Fixed Deposit from which Bank deducted TDS @10%.However his income was assessable @20% .How can rectify the mistake when the asseseemnt was completed and he received Intimation u/s 143.
Thanks in advance
Profile Image

Kailas Mate

Profile Image

Kailas Mate (Expert)
25 July 2014 Yes you can do revised u/s 139(5) by using rectification u/s 154
Profile Image

Advocate

Profile Image

Advocate (Expert)
02 December 2016 Dear Expert Mr.Kailas Mate ji, Revised income tax return is filed u/s 139(5) and not u/s 135(5). Please don't quote wrong advice to clients.
Profile Image

Kailas Mate

Profile Image

Kailas Mate (Expert)
03 December 2016 Yes.. Typing Mistake From Me..Thanks
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details