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Income Tax Return

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..... I checked my form 26AS . According to it , my bank has paid ₹ 48613 as interest , but in the bank's transaction history it is ₹ 45366. Which income should I show in ITR? - Reply By ARVIND JAIN - The Reply = Practical view- If no impact on Tax liability then go as per 26AS to avoid further queries and if Tax increases then consider the correct one . - Reply By Karan Bansal .....

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..... - The Reply = Thanks Arvind ji , - Reply By Rupali Gupta - The Reply = You should show as per bank transaction history ₹ 45366 and there is edit option in Income tax return forms while filing , you can edit that . Provided before editing of unmatched figures please check thoroughly 2 to 3 times if it's really not matching with 26 AS . Generally 26AS shows figure given by .....

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..... employer that is bank in your case and so there can be mistake on their part but you show correct figure of interest income so that it's get rectified in the part of bank afterwards . - Reply By CASusheel Gupta - The Reply = Excess amount shown in 26AS may be towards interest accrued for the period starting from last payment of interest till 31st March. You must show interest as per 26 .....

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..... AS . CA Susheel Gupta 9811004443 - Income Tax Return - Query Started By: - Karan Bansal Dated:- 5-10-2021 Income Tax - Got 4 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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