When I checked my 26AS Tax Credit Statement as well as Form 16A from SBI Bank, I saw the following entry >> Interest Income INR 148, and TDS = INR 47. Let us not go into the details of how and why this Interest Income and TDS… The values are correct as per NRO account 30% flat TDS rules. Also, I m a Resident Indian now for all purposes including TAX. My problem is >> to how to apply these numbers in Form ITR1 SAHAJ. My problem is >> to how to fill these numbers in Form ITR1 SAHAJ.
- Does Interest Income go into following section of ITR1 SAHAJ >> Item (3): Income from Other Sources (Ensure to fill Sch TDS2) >> INR 148 ???
- Does TDS on Interest Income (INR 47) go into following section of ITR1 SAHAJ >> Item (24) / Excel file tab that says “TDS”:: Details of Tax Deducted at Source on Income other than Salary [As per FORM 16A issued by Deductor] = INR 47 ???
- ITR1 SAHAJ says “(Ensure to fill Sch TDS2)”. Are they pointing to Excel file tab that says “TDS” of ITR1 sahaj, when they say “(Ensure to fill Sch TDS2)”.??? Or IS there another special form for Schedule TDS2…?
CAclubindia
