Did you have any tax liability?

Did you pay all tax liability before filing ITR?

FD interest earned is taxable. But since the amount is small and TDS on it has not been deducted, I think you can ignore it. 

Wait for others to reply.

You can show income under Other Sources Head on receipt basis or accrual basis. If the FD Interest is accrued one and you havent received it during the relevant Finanancial Year then you can disclose it in the ITR of the year  in which you receive it.

Also note that deduction U/S 80TTA is for Saving A/c Interest only and is not applicable on FDR interest. Therefore FDR interest is fully Taxable.

yes you can ignore the same........

@ Mihir
I am a salaried person, tax is deducted by employer, as of now, no other tax liability is there.
If FD interest is taxable, then i think i had to declare it n other sources head and pay.. what you think.

@ CA Anil
Thanks for update, that 80TTA is for saving a/c interest.

@ CA Parul
i can definately ignore it.
I just hope no issues come from CPC-BLR side.
 

is interest on sweep savings account is interest on savings account or FD account ? 

What is sweep savings account ? Earn better returns in your savings account, with our ActivMoney facility that automatically sweeps out idle funds, above a threshold, from your account into Term Deposits. These Term Deposits sweep back into your account to meet fund requirements when your withdrawals exceed the balance available in your account, thereby providing you maximum liquidity.

https://www.kotak.com/bank/personal-banking/deposits/savings-accounts/nova-savings-account.html

Savings Accounts

I think it is FD account because sweep in  takes for specific period. 

Hi Sanket,

It is very difficult to ascretain that out of total interest received how much relates to Saving Interest and how much related to TD Interest. If you have constantly kept threshold balance (say 1 lacs) during the year then simply on 1 lacs @ 3.5% / 4% will be your saving interest and rest will be TD interest.

However if your threshold limit has gone down frequently in a year, then it is very difficult to bifurcate. In this case, on a safer side, treat all interest received as FD Interest.

guys... i am almost lost with last two post...

What is this all about..?

Hi Sumit,

Answers to your questions are already given by respected members. Most better and practical option is to ignore the FD interest since it is of trifle amount. If I assume that adding this interest will not change in your tax liability, then its better to ignore it. If you now file revised return, it will unnecessary create an issue.

And one more thing. PLEASE Don't say that you are lost and whats going on etc etc. This is an open platform and any one can ask their questions. Post or this space is not owned by anyone.

sir deposit amount  10000 rs in cgst instead of igst...what can i do now?  any body help me......