AIS of the assesse for the year 20-21 is showing an interest income which is not there in 26AS as no TDS has been deducted on the same. We believe that full interest will come in 26AS next year, when FD will mature and TDS will be deducted on this. Now while filing ITR for 20-21, should we take this income in current year based on AIS. If we do so, we will not consider this as an income again next year and will have a mismatch with 26AS.
What is the solution for this? In which year should we report this as an income?
CAclubindia
