I have FDs(non resident account) and tds has been deducted. The issue is that the bank knows they made a mistake but refuses to correct the tds submitted to the traces website.So for the month of February this year although the correct amount got deposited in my bank account, they deducted wrong amount of TDS and I have contacted the bank several times and they refuse to accept.
I do not want any problems with the law and am about to do my taxes. The problems I am facing is the amount paid as interest reported by the bank is different from what I actually got paid(I got paid more) and the tds was less (although they should have deducted more).
How do I fill my taxes? do I do it per the tax certificate 16 A or what I actually got paid? How to explain to income tax as to what is going on? Please help.
I appreciate the help provided here.
CAclubindia
