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ITR-1 Filling process

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Naveen Kumar

355 Points Posted on 25 July 2022

Dear Sir,

I am filling ITR-1 I have deposited Rs.37000 in PPF account When i show under 80C column it show warning in Red. deduction u/s 80C is more then deduction detail by the employer.please re verified
(2) Same warning again when i show saving interest deduction 80TTA Rs.10000. my saving interest is rs.12231
(3) I have fd in bank but bank not deduct Any tds because interest is under limit.But 26 As and AIS form Show full detail Detail of Tax deducted at source. for example Section 194 A transaction date, amount paid credit etc so can we need to show ITR-1 Under Scheduled TDS.2 Detail of Tax deducted at source from other then salary.
Means Tan of the deductor, name gross receipts, year, etc please suggest

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Quick Summary

This discussion addresses common queries encountered while filing ITR-1. It clarifies that warnings regarding 80C deductions exceeding employer details are often precautionary and acceptable if justifiable. Similarly, savings interest under 80TTA is to be declared, even if it exceeds the deduction limit. For bank Fixed Deposit interest where no TDS was deducted, it's advised not to declare it under the TDS schedule but to report the interest income under the 'Income from Other Sources' section.