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Infra Bonds Tax in ITR

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Wae Jing Lonthaw

Others

345 Points Posted on 05 May 2022

I came to know that Interest on Infra Bonds needs to be shown under "Income from Other Sources" but what sub-section under this section?

And do I need to show amount before deduction of TDS or after deduction of TDS? I want to know the same for Dividend Income from shares if I need to show the Dividend amount received in ITR before deduction of TDS or after deduction of TDS?

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Quick Summary

This discussion clarifies how to report interest earned on Infrastructure Bonds within your Income Tax Return (ITR). It specifically addresses which sub-section under 'Income from Other Sources' to use and whether the amount declared should be before or after Tax Deducted at Source (TDS). The same query is extended to reporting dividend income from shares.