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26As and AIS

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Naveen Kumar

629 Points Posted on 10 December 2021

Dear Sir,

I have download 26 As and AIS form where 26 As shown interest of FDR 2 fd in 2 different bank Rs. 35321/- no SFT Transaction But Ais show as per below.
part B 1 tax deducted or collected
interest from deposit TDs nil interest Rs.35321/-

Part B2 SFT
interest from saving account
SFT-016(SB). 13260
SFT 016(SB). 3530
interest from Deposit
SFT-016(TD) 35321/-

Please suggest anything risk for me

Replies (3)

Quick Summary

This discussion addresses a user's concern about discrepancies between their Form 26AS and AIS regarding interest earned on fixed deposits and savings accounts. While 26AS shows interest from fixed deposits, AIS includes additional entries for savings account interest. The advice provided clarifies that savings account interest above £10,000 is taxable, and Section 80TTA may offer relief, suggesting no significant risk for the user.