Legal Question in Tax Law in India

Hi,

Bank is deducting 10% Income tax (as TDS) from the interest of my Saving bank account. Bank also provided the TDS details of my account.

Is it necessary to show these information in Income Tax Return?

I am showing only my salary as income. Will there be any problem as interest of my Saving bank account has not shown in IT return, but the TDS is directly reflected in Form 26AS?


Asked on 5/09/11, 2:12 am

1 Answer from Attorneys

Manoj Lekhi Lekhi Associates Advocates

you have to mention every income in your incometax return .

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Answered on 5/09/11, 9:04 am


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