NCD and Land rent income split to categories

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J P Sahoo (Querist)
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15 August 2024 I have some NCDs with monthly interest receipts approx Rs 10000/- and some land where monthly I receive rent Rs 20000/-, Do i have to split the monthly receipts in category - upto 15/6 , from 16/6 to 15/9 , from 16/9 to 15/12 etc in schedule OS while ITR filing in ITR2, where I can show?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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15 August 2024 If your tax liability is below 10K, no need to split the income/s in each quarter.

J P Sahoo

J P Sahoo (Querist)
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15 August 2024 Sure. But where can I split the amounts in ITR - Schedule OS - Information about accrual/receipt of income from Other Sources - section only asks about dividend income , lottery income, retirement benefit, not other types of income?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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15 August 2024 Yes, for interest income you are not required to split them.

J P Sahoo

J P Sahoo (Querist)
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15 August 2024 Thank you very much for the advice

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Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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15 August 2024

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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26 August 2024 You are welcome.

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