While filling ITR 2 TDS Sch 2 when there is no TDS the total interest received on Fixed deposits cannot be shown since the green area is greyed. If we fill in as zero even then column 11 is greyed
Does that mean the columns should be filled only when TDS is deducted. For eg if Rs 100 is the TDS then in column 11 should we fill Rs 1000 or the entire interest amount. Should not these figures tally with OS schedule. IN ITR 1 it is populated by itself.
Correct. Unless the interest income is offered to tax assessment, TDS cannot be claimed.
So have we fo fill the entire interest amount though the TDS and the corresponding income would be less. ( ie it tds is 78 Rs then the corresponding amount would be 780 or the total interest amount of over say 50,000) . So should I show Rs 780/- or the entire amolunt.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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