How to report INCOME and TDS in ITR 2 - Deducted by LIC under Section 194DA and showing in Form 26AS ?
Thanks and Regards
Rama chary Rachakonda
(Master in Accounts & high court Advocate email ID:ramachary64@gmail.com voice no:9989324294)
(7855 Points)
Replied 25 May 2025
2. *Section 194DA*: Ensure that the income and TDS details are correctly reflected in the relevant sections of Schedule OS. Reporting TDS
1. *Schedule TDS 2*: Claim the TDScredit in Schedule TDS 2 by entering the details of the TDS deducted by LIC under Section 194DA. 2. *Form 26AS*: Ensure that the TDS details reflected in Form 26AS match the details reported in your ITR-2. Key Points to Ensure -
*Accurate Reporting*: Ensure that the income and TDS amounts are accurately reported in the ITR-2. -