Your reply for reporting in Other Sources ineterest deduction fr
This query is : Resolved
Raghavendran Anikar
(Querist)
23 June 2021
For my query for the absence of column for deduction under sec 58(2) in ITR 4
your reply is enter net interest after deduction of interest payment.. When 26AS TDS is claimed
the CPC Bangalore will adopt the interest as per 26AS and there is no way to convince him deduction since this has not been reported .You know the attitude of CPC. What is the solution.
A Raghavendran FCA
your reply is enter net interest after deduction of interest payment.. When 26AS TDS is claimed
the CPC Bangalore will adopt the interest as per 26AS and there is no way to convince him deduction since this has not been reported .You know the attitude of CPC. What is the solution.
A Raghavendran FCA
Dhirajlal Rambhia
(Expert)
23 September 2021
The interest paid can be claimed under expenditure column/s.
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