return of Ay 17-18

Others 154 views 4 replies
a retired govt.employee file manual return for the ay 17-18 and only mention pension income. but he had not knowledge about FD interest. After receiving notice under section 143(1))(a) of IT Act from income tax department CPC he checked his 26As form then know that he has huge amount of interest and TDS. what is the better for this purpose.
Replies (4)

Better to accept the suggested changes and pay the remaining tax liability. No better alternative.

if he wants to deposit remaing tax then this tax shows as self-assessment or any other thing

Yes. It will be self assessment tax only, but interest would be added.

thanks sir j


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