Excess reporting of interest payment by bank to it department

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The bank has overstated interest paid on deposits by Rs.124,000/- and also deducted TDS accordingly. This has resulted in payment of income tax on un earned income at 20 percent bracket. Now is there any remedy at the time of filing ITR or I have to pay tax and continue fighting with bank (this wrong figures are reported in 26AS also}. The ROI works out to more than 200 percent in this case. What is the solution? Do I have to pay tax first or file ITR as per actual interest accured?
Replies (4)
File ITR as actual.
no need to pay tax
go for refund.
but why 20℅ deduction

I further clarify that the bank has been informed number of times. The Banker SBI is not responding at all. Even my mails to different quarters including CGM is simply ignored. My online complaint was closed within 24 hours as resolved without doing anything.

The current issue is the interest paid amount of fixed deposit is reported to IT department by over 200 percent. The same is appearing in form 26AS, and it looks like I have no alternate and mandatorly pay Income Tax at applicable slab for me and file the return. Then contiue figting with different authorities by personally visiting them as they are blind to emails and telephone calls. Any one having a suggestion as per law about payment of tax by me now, please advise. Thanks for responses

I further clarify that the bank has been informed number of times. The Banker SBI is not responding at all. Even my mails to different quarters including CGM is simply ignored. My online complaint was closed within 24 hours as resolved without doing anything.

The current issue is the interest paid amount of fixed deposit is reported to IT department by over 200 percent. The same is appearing in form 26AS, and it looks like I have no alternate and mandatorly pay Income Tax at applicable slab for me and file the return. Then contiue figting with different authorities by personally visiting them as they are blind to emails and telephone calls. Any one having a suggestion as per law about payment of tax by me now, please advise. Thanks for responses


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