Interest shown in wrong head in TIS
This query is : Resolved
Quick Summary
Omnarayan Prasad
(Querist)
25 June 2022
Sir, I incurred an interest of Rs 5058 on saving bank account of central Bank of India.
This sb interest is being shown as deposit interest in TIS.
Do I need to request for rectification or show it as it is as income from other sources in deposit column as total of OS income remain same.
This sb interest is being shown as deposit interest in TIS.
Do I need to request for rectification or show it as it is as income from other sources in deposit column as total of OS income remain same.
CA R SEETHARAMAN
(Expert)
25 June 2022
Show it as SB interest no problem. No need for rectification.
CA Puja Sharma
(Expert)
25 June 2022
Yes, you can report it under SB interest in ITR and can claim the deduction u/s 80TTA.
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