Why there is difference between the 26as and actual interest

jraju (Others) (279 Points)

02 September 2017  

Hi,  After linking pan with aadhar, the statement of interest from aadhar linked banks are shown while efiling. But , what i calculated by adding the actuals and the amount shown in the form differs. I just calculate on the credit of my interest from the respective banks. But, i do not know, how the 26AS is worked out. Any expert advice on this.

                      If the amount i calculate is on the higher side , no problem. But if it is less , then there is needless correspondence and chance of paying of penalty.

                          In a nutshell, how those are extracted in to the form, if there is no change in the deposit and only interest received is taken in to account