hi,
in my form26as there's a negative sft entry sft005 (time deposit) say -550000 status as O Original filed by my bank. The formula says aggregate gross amount received from the person - aggregate gross amount paid to the person. I don't know how to apply this formula and I notice that -550000 is way too much. If I gave bank 10 laks in fy and I got interest + capital back as 12 laks then difference should have been -200000. is this the way to calculate this value?
Should I be concerned. I contacted bank but there's no one knowledgeable enough therein who can answer my query with clarity!
Any help from you experts is much appreciated.
CAclubindia
