In my previous year return filed (FY 2014-15), I got a refund of Rs.2750 [INTEREST U/S 244A ON REFUND] and also a tax of Rs.860 was deducted as I had filed under NR category [TDS DEDUCTED ON INTEREST PAID U/S 244A (on item 43 above and for NR only)].
I got a Form16A from Assistant Commisioner of Income Tax CPC Bangalore for FY2015-16, which shows the above Rs.2750 and also shows that a tax is deducted for Rs.860. This is also seen in my Form26AS as being under Section 195. Usually, Bank Interests are reported in Form26AS under Section 194A.
My query is How do I include the Rs.2750 income in this year's tax return? Under what section should I include this income? I will be using ITR2.
For Bank Interests, we have a clear section under Other Sources. But for this above one, there is nothing.
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Reg section 195 entry in form26as
Replies (1)
Hello,
Sec 194 A says deduction of TDS onli if payment is made to resident for Interest, However if interest payment is made to Non Resident the same shall be deducted under section 195.
And the same interest earned by you sahll be shown under Income from other sources and the category will be Non Resident
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