NSC Accrued interest (on Maturity) in AIS

Mam,

Every Year I invest in NSC and on accrual basis declaring the Interest as Taxable. Now in AIS AY 22-23, NSC which are encashed on maturity entire Interest Income  is considered as Taxable by Dept.

In Feedback section of AIS, whether I need to declare the Interest made taxable in Previous 4 Yrs of only the NSC which are matured in Current Year FY 21-22, or Pl suggest how can I resolve this as same issue I will face every year.  

In current Year my Interest income from NSC is higher than AIS as I am considering interest as taxable basis the accural method so have included other NSCs interest also having 2nd, 3 & 4th year.

Pls help.

Thanks for update. So in feedback section have to select option as " Information relates to other PAN/Year and then  show  Year wise Interest Income considered in previous ITR file.  Pls advice whether my understanding is correct.

There is no option whether I can give my remarks as Interest income is considered on accrual Basis over the period of 5 Years.

Hello Ma'am, my interest accrued in NSC is not captured in AIS.  Is it required to give feedback about this? If yes, how? Also, in ITR filing, when I enter my investment in NSC plus accrued interest under section 80C, it gives warning that your entry is not available in AIS/26AS. What shall I do? 

Request for help.

In my  AIS I have shown nsc  maturity interest 16705 & rs  7012.   total 23717/-  I have not  shown in income tax return earlier due to my investment  is  complete as per  80--c  limit.   .  Now what amount i have to display in this year. . should i display accursed basic interest  ..   due to this i have to paid tax of rs  15000 approx. 

need your help. 

Thanks ma'am. Regards

If i show  full amount my tax liability is  shown rs 13000/- and interest .  because this confusion my  fy 21-22 return is also pending. .   need your help. 

If I would like to revise my return for fy 19 20and fy 20-21 and i show NSC interest in that year.  Is there any penalty or late fee i have to pay?

For fy 21-22 i have filled return with full interest. 

Thank you very much for the reply.
 

drift boss