Updated ITR
This query is : Resolved
naveen jain
(Querist)
25 February 2024
F/Y 2022-23. Interest income was shown in ITR 2 under 2 heads - Interest from bank deposits and under Interest -others which included interest from deposit with a Pvt Ltd company. Tax was deducted on all u/s 194A. The compliance portal has shown a mismatch as it has considered only the portion of interest shown in ITR under interest from bank deposits. Can an updated ITR be filed now showing total interest under one head of Interest on deposits from banks etc. There will be no change in total or taxable income or in tax liability/ refund.
CA R SEETHARAMAN
(Expert)
26 February 2024
Updated return can't be filed in such a case as there is no tax payable.
Respond to this in compliance portal.
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