Forgot to mention Interest on Savings Account in ITR

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  1. Rabbulfazal Junaid

    Rabbulfazal Junaid New Member

    Hi there !!
    My query is as follows my son has filed his ITR online as Nil Tax .
    After filling I realized that we forgot to mention the income from interest on savings account in the ITR. Now the taxable amount is 4700/- after deducting 10,000/-. And a friend suggested that you will have to pay 500/- as tax.
    But now after having filed ITR how do I go ahead and pay this tax will, my son be fined or what ??
    Please Reply
     
  2. Karan Batra

    Karan Batra Well-Known Member

  3. Rabbulfazal Junaid

    Rabbulfazal Junaid New Member

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