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bank interest

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self
289 Points Posted on 30 August 2019
should it is mandatory to show all bank or post office int in itr.
Or can we left blank the bank int if it is not exceed than 10000
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On 30 August 2019 at 14:18 Report
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17264 Points Posted on 30 August 2019
Whatever is the amount, even if it is 1 rupee
you have to show in ITR -- interest from all bank accounts and post office account also
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On 30 August 2019 at 14:31
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Student
23693 Points Posted on 30 August 2019
Interest from Banks and Post Offices need to be declared in Income Tax Return ( ITR ).
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On 30 August 2019 at 16:00
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Practicing Chartered Accountant in Delhi
787 Points Posted on 30 August 2019
Sir, if you are not getting interest more than Rs. 10000 then there shouldn't be any kind of fear factor in your mind. Hence advisable to maintain the transparency and show everything in the return because "saanch ko aanch nahi".
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On 30 August 2019 at 16:22
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self
289 Points Posted on 30 August 2019
tkank you to all.
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On 30 August 2019 at 17:24


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