Hi Mahesh, While filing IT returns, saw that in AIS the entire interest amount of NSC which matured year is shown as income. Isn't it only the 5th year interest accrued be added? how to rectify this?

Thank you for offering advice to us who have no way to get our problems solved. I filed my returns according to AIS. My Returns were pre-filled. In it Interest from Post Office NSC was included in lump sum of 5+ years. I approached the PO for an annual interest certificate but they refused saying you should do your own calculations and the PO does not issue Interest certificates.  In the absence of this, I filed my returns with an amount much higher than received or accrued. I had to pay a high tax. Should not POs issue certificates if the Interest is shown in AIS?

I have invested my funds in NSC 3 years back and have been including the accrued interest from NSC under Income from Other Sources in my ITR filed for the last 3 years, and paying income tax thereof. Interest certificate issued by Post Office does not show the accrued interest from NSC and is likely to show it during the year of maturity. TIS/AIS of Income Tax portal also does not show the accrued interest from NSC and is likely to show it during the year of maturity. I want to know what I need to do now proactively to avoid unnecessary questions by Income Tax authorities based on TIS/AIS showing total interest earned in NSC over the past 5 years, but I show in my ITR only the interest earned during the last year of maturity. Please advise.

i pucrchase NSC IX (10 year tenure) in name of my mother amout of 4 lakh that is sum of past many year saving and my mother is housewife and no income to file itr ...so my question is at maturity of NSC IX (10 year tenure). whole interst is show in ais like 5.44lakh (only interest) so what action i take ?? can i need to pay tax on 5.44lakh or what to do ???

i pucrchase NSC IX (10 year tenure) in name of my mother amout of 4 lakh that is sum of past many year saving and my mother is housewife and no income to file itr ...so my question is at maturity of NSC IX (10 year tenure). whole interst is show in ais like 5.44lakh (only interest) so what action i take ?? can i need to pay tax on 5.44lakh or what to do ???