Query regarding income tax filing
This query is : Resolved
10 June 2025
Dear All,
My annual income for the previous FY was 7.10 lacs through Fixed deposit interest.
There is no other source of income. Bank has deducted TDS of 70,000( approx)
Am I still liable to pay any tax ?
My annual income for the previous FY was 7.10 lacs through Fixed deposit interest.
There is no other source of income. Bank has deducted TDS of 70,000( approx)
Am I still liable to pay any tax ?
10 June 2025
No, but you are liable to file ITR 1; and claim the refund of the TDS deducted.
10 June 2025
Thank you for the clarification. Can the filing be done now ?
10 June 2025
Yes, online & offline options to file ITR1 are available. Verify your form 16A & TIS report before filing ITR.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Payment of Stamp Duty and registartion of documents
- TDS DEDUCTED ON PAN OF DECEASED FOR INCOME EARNED POST DEATH
- Confused regarding applicability of books of accounts and audit
- Taxation under the head Salaries
- TDS on property 26QB Difference between Amount paid/credited currently(B) and Stamp Duty Value
- RECEIPT OF TRAINING FEES FROM FOREIGN STUDENT
- ITR 3 TO ITR 4
- Disclosure in DPT-3
- ENUM VALUE
- Ltcg-20.06.2025
- Worng payment of TCS on sale of goods how to get refund the same
- REGARDING AMENDMENT TO BE MADE IN TURNOVER AND PURCHASE FIGURES WRONGLY MADE IN MONTHLY VAT RETURN
- GST Returns not filled under composition scheme
- Loan to Foreign Holding Company by its Indian Subsidary
- Format of Balance Sheet and Profit & loss Account of proprietorship business
- Reversal of Custom duty as per para 6.08 FTP 2023 for DTA sales done by EOU unit
- GST Reverse charge Accounting
- NOTICE DRC01 FOR F.Y. 2018/2019 BY ENFORCEMENT DEPARTMENT DRC01 FOR PENALTY(122)(1)(iii)
- Rodtep Script generate
- Last 3 years GSTR 4 not filed compulsary
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
