while filling ITR1 should interest income be shown in income from other source if TDS has been deducted

while filling ITR1 should interest income be shown in income from other source if TDS has been deducted ? case 1: TDS has been deduced on interest income from FD . while filling ITR1 should the interest income be added to the total income and then the total taxation be computed ? case2 : there are 2 FD bank . in one 15 g has been filled and no TDS has been deducted . and in the other FD the TDS has been deducted . so , now while filling ITR1 , should the total income be shown as money from pension+interest income from FD1 +interest income from FD2 and thus total tax be computed on it ?

asked Jun 09 '14 at 17:26 by seetadevi 11


Interest should always be included in income from other sources, no matter whether tax has been deducted by bank or not.

answered Jun 09 '14 at 18:44 by pankaj 5.2k320

link

Know someone who can answer? Share a link to this question via email, twitter , or facebook
.

Your answer
toggle preview

Follow this question

Once you sign in you will be able to subscribe for any updates here

Markdown Basics

  • *italic* or __italic__
  • **bold** or __bold__
  • link:[text](http://url.com/ "title")
  • image?![alt text](/path/img.jpg "title")
  • numbered list: 1. Foo 2. Bar
  • to add a line break simply add two spaces to where you would like the new line to be.
  • basic HTML tags are also supported

Tags:

×240
×11
×8
×6
×3

Asked: Jun 09 '14 at 17:26

Seen: 1,625 times

Last updated: Jun 09 '14 at 18:44