Incomplete AIS

If interest is below Rs. 10K, few banks do not report it.

You can aggregate the amount received as interest, and file ITR at this stage.

Equivalent to sales under head PGBP

Thank you for immediate reply which you always do.

I want clarification of the first portion of your reply that if the interest (savings bank) is below 10K few banks do report.

Do you mean total annual interest or amt of a single transaction ?

In my case, total annual interest paid by this bank is more than 10K which is the sum of four transactions all below 10K

10K mark was crossed in the third transaction on 06.11.2023

Should not the bank have reported for inclusion in AIS ?

However, I will include the amt of total interest while working out taxable income.

Originally posted by : Dhirajlal Rambhia
	If interest is below Rs. 10K, few banks do not report it. You can aggregate the amount received as interest, and file ITR at this stage.

Thank you for immediate reply which you always do.

I want clarification of the first portion of your reply that if the interest (savings bank) is below 10K few banks do report.

Do you mean total annual interest or amt of a single transaction ?

In my case, total annual interest paid by this bank is more than 10K which is the sum of four transactions all below 10K

10K mark was crossed in the third transaction on 06.11.2023

Should not the bank have reported for inclusion in AIS ?

However, I will include the amt of total interest while working out taxable income.

I meant it for total annual interest accrued plus paid. 

It is strange how the bank has not reported till date. As a rule, they will surely report it. Get interest certificate from bank (can be even downloaded from their website), even get TDS certificate (form 16B), as quite likely that they would have deducted TDS over it.

Reconcile that with your data, and file return aggregating that in your ITR.

If you are filling it under old regime, you will get deduction under sec. 80TTB of amount up to Rs. 50K.

Good luck.....