1. Indian Bank has deducted Tax from Interest paid on Interests paid on SB accounts. This is NOT reflected in Form 26AS. In fact I will get refund of those amounts. Will I get refund even if I show the income & TDS made though these are NZOT reflected in Form 26AS.
2. In fact none of Interest paid on SB account is also NOT reflected in Form 26AS. As per rule, Interest on SB account is also to be included in income & upto Rs. 10000 can be deducted. Then is it not necessary that all Interest payments on SB should be reflected in Form 26AS? With whom shall I take up these?
Subramanian.V
vasusubram @ yahoo.com
CAclubindia
