So please bring such instances to your consultant’s notice so that he makes proper claim while filing the ITR. This will also help you verify various amounts deducted from your salary against which you can make claim while filing your ITR. You cannot only go by the bank statement as there may be some buy and sale transactions on the same day impact of which would not get fully reflected in your bank statement. For interest incomeFor those who invest in fixed deposits with banks should obtain an interest certificate for the whole year to ensure that all the interest income gets fully included in your ITR. For those following accrual system of accounting for the interest income will have to show accrued interest in respect of cumulative deposits.

Source: Mint August 14, 2021 03:56 UTC