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FD interest and IT Return
Dear Sir, I have a FD., it will be matured after 4 years, but yearly interest shown in AIS, how I file IT Return in this case. Interest not credited to my account, but showing in AIS, pls..
Replies (8)
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Interest not credit to your account but you have to show in ITR under income from other sources.
I don't received interest, why I show interest in ITR, answer is fully wrong
@ Mr . Tapas Samadder,
Better to get interest certificate from bank and file with interest income.
Banker's booked the interest on accrual basis. So, that's shown in AIS.
Better to get interest certificate from bank and file with interest income.
Banker's booked the interest on accrual basis. So, that's shown in AIS.
Thanks Mr. Raja PM, Well advise, another two persons answer will misguide the taxpayer.
| Originally posted by : Tapas Samadder | ||
 |
Thanks Mr. Raja PM, Well advise, another two persons answer will misguide the taxpayer. |  |
Okay, You are welcome....
Note :
The above reply by Mr. Sandeep Jain is also correct.
The said interest value will be shown as income from FD as per AIS (interest certificate). Bcoz, It's your income in the FY's. It will continue every year. After closing of FD all interest amount is credited to Your account.
Finally You can show balance Interest in Your ITR at the time of maturity Year.
(in case any doubt then pls revert back with total (4yrs interest value & TIS interest value)
Mr.Tapas
first you have to improve your self.
first you have to improve your self.
Thanks to all
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