How to show SGB interest in iTR

Tax queries 54 views 3 replies

I have a SB interest of Rs.30000/- for the previous year . i found the statement that includes the SGB interest of Rs.5000/- which i received. I need to know, when I declare in the ITR1 

What should i put for Savings Bank Account Interest? (25000 or 30000) 

 

Replies (3)

If you can add one more raw it would be advisable, otherwise add it to sav bank interest.

Thank you , does it mean if i add 1 more row for SGB and show it as Rs.5000/- then the SB interest should be changed to 25000/- ( as i need to deduct the SGB interest from it)?

Yes, SB interest would be separate in case SGB interest can be declared independently.


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