TDS on FD interest.

TDS in my FD, for FY 20-21, was deducted, but doesn't reflect on TRACES website. Despite repeated reminders to the company, the deducted amount is still not paid to the IT department. Can I file ITR and show this TDS amount, with TAN number of the company, in the relevant schedule of ITR ??
Replies (11)
Quick Summary
This discussion addresses a common problem where Tax Deducted at Source (TDS) on Fixed Deposit (FD) interest for FY 20-21 has been deducted by the company but isn't reflecting on the TRACES website. The core question is whether an individual can still file their Income Tax Return (ITR) and claim this TDS amount. The consensus is that you should wait for the company to file its TDS return and for the amount to appear in your Form 26AS before disclosing it in your ITR, as claiming it prematurely could lead to disallowance by the Income Tax Department.

If your FD is for say..5 year than interest has to be deducted in that 5 year slot on accrual basis, not at time of maturity.
So, On maturity you have received the amount after TDS deduction than pls check in earlier years 26AS

Unless the company files its TDS return, and it appears in your Form 26AS. You should not disclose in ITR; ITD will reject it.

Agree with manish
Sourav you are replying twice the same answer just for getting points or 250/- reward on CAClubindia.

what is sense of yes or no, just for point..

Please respect this reputed profession and stop making fun of public platform.

It's already told by reputed member to you that stop replying without any base just for points

If you are not Stop this, I have to make complaint to block your account.
Please maintain dignity and stop replying this and gaining points... please stop.
Yes you can file , but I will suggest you not to everify the return as you have 120days time to everify from filing date , as your TDS is not reflecting currently, if you everify and return gets processed TDS is not reflecting in your 26AS , then the same will be disallowed by the CPC,
TDS to be claim only when company will be going to file their tds return.
Agree with AKN, you can do in that manner

Wonderful.

Thank you All, so much. 

Your welcome
Your Welcome Ashok Ji, I hope my reply helpful for you
It must reflect in 26AS

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register