Please guide me on these: 1) I have interest income of Rs 3316 from my bank saving account, which I understand is exempted upto Rs 10000 under section 80 TTA, now where & how shall I show this income & exemption it in ITR-2. 2) Can I mention the above interest income on sheet “PARTB - TI - TTI – SAL” schedule S, Details of Income from Salary (Fields marked in RED should not be left Blank), point no 5, Profits in lieu of salary (refer Form 16 from employer), but this interest income is not shown in Form-16
1 Answers
I got the answer, This interest income is to be show in OS sheet of ITR-2
Dear Sir, Now only I realised that in last year's Income tax return I had mentioned my saving account interest on sheet “PARTB - TI - TTI – SAL” schedule S, Details of Income from Salary (Fields marked in RED should not be left Blank), point no 5, Profits in lieu of salary (refer Form 16 from employer) , which I understand not considered by IT Dept. I want to know can I file the revised corrected ITR for last year even though I have received refund for last year. If yes please brief me the procedure, I have already filed the ITR for this year...Regards..VS
Yes, you can revise last year return. It can be done before March 2015 (one year from end of assessment year)
Thanks your reply, but I am not clear about where & how I shall show the refund amount in ITR-2, which I received from IT department.
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