Submit response to 143(1)(a) communication from cpc

Hi ,

I have received communication from CPC to submit response to 143(1)(a) which stats "There is inconsistency between Other Source income in return and Form 26AS". then  i checked my form26AS where under section 194A interest are received in my account either from RD or saving acount interest which comes 11398 rs from Rd acoount and  7703 rs from Saving Account interest  but in CPC communication they mentioned only 11398 rs.

Now as far as i know i should file reviesed return and need to add 11398 rs as other source of income but they already deduct TDS of 1140 rs for this interest amount. Should i add saving account interest i.e. 7703 as well to my other income (11398+7703 = 19101 ) . 

  1. Which income i should mention as other source of income 11398 or 19101 because commuciation mentioned only 11398 ?
  2. How would i claim TDS which is already deducted ?
  3. Can i claim 10000 interest free exemption but how 

 

Any help appericiated.

 

Replies (2)

Hi,

26AS only shows the income on which TDS is deducted. In this case, only Interest income on RD of Rs. 11,398 will be subject to TDS and is therefore reflected in 26AS.

Also, TDS is deducted only when Interest income exceeds Rs. 10,000 from savings or RD account as per 194A.

Also, deduction of Rs. 10,000 under section 80TTA is allowed from the interest income of savings acount.

So answer to your questions in the same order is:

1. You should show total interest income of Rs. 19,101 (11398+7703), because both the interest income for RD and savings account are treated as Income from Other Sources.

2. TDS is claimed as the same amount reflected in 26AS. Therefore you can claim the amount of TDS deducted i.e. 1,140 by stating the amount under the heading TDS deducted.

3. Yes, you can claim deduction of Rs. 10,000 under section 80 TTA restricted to the amount of interest income from the saving account of Rs. 7703.
 

thank you for your detailed reply.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details