I have two queries.

(a) After seven years, I received an L&T Infrastructure bond maturity amount of Rs 44,400.

When I initially applied for these bonds, I submitted my PAN, still no TDS was mentioned.

Is this complete amount included as additional income in my tax return?

(b) Annually, Rs 715 as gold bonds interest is credited to my saving bank account.

In my IT return, I include 4*quarterly interest amount as income.

Saving bank interest on Rs 715 is also included in the quarterly interest.

Am I to include, separately, a sum of Rs 715 in my yearly income for income tax purposes?

Dear Sir, invested Rs 20000 in long term infrastructure bonds in the year 2011 for a period of 10 years under cumulative option. The bonds matured in Dec 2021 and I received Rs 44,624 after deduction of TDS of Rs 2,736. An amount of Rs 27,360 is being shown in my AIS as income from other sources. I have been showing the interest accrued every year on this investment in my IT return for the past 10 years as interest income. However now this year I am again required to show the lump sum amount as income and pay tax on it since it is being reflected in my AIS and 26 AS. IS THERE ANY WAY THAT I DON'T HAVE TO PAY DOUBLE TAX since I have already paid tax as accrued interest over past 10 years? How to reflect same while filing IT? I have filed ITR 2.

Dear Sir, 1. I invested Rs 20000 in long term infrastructure bonds in the year 2011 for a period of 10 years under cumulative option. The bonds matured in Dec 2021 and I received Rs 44624 after deduction of TDS of Rs 2736. An amount of Rs 27360 is being shown in my AIS as income from other sources. 2. I have been showing the interest accrued every year on this investment in my IT return for the past 10 years as interest income. However now this year I am again required to show the lump sum amount as income and pay tax on it since it is being reflected in my AIS and 26 AS. 3. IS THERE ANY WAY THAT I DON'T HAVE TO PAY DOUBLE TAX since I have already paid tax as accrued interest over past 10 years? How to reflect same while filing IT. I have filed ITR 2.

I having two types of RBI taxable bonds. For one type which is non-cumulative I get interest regularly after 6 months. Tax is deducted at source and I show it as income in my ITR. The other is cumulative type which shall get matured in the FY 2023-24. Since no tax has been deducted on interest and nothing was crediting to my bank account during the last 6 years, so no interest income for these bonds was shown by me in my return. Is it correct from IT point of view? Next year when the principal and interest shall be credited to my account, the TDS be deducted at source, interest income shall be shown by me in my ITR. Hope my point of view is correct from ITR point of view.

I retired from Railway in June 2022 and received below amount on retirement. PF-23 Lakh, Gratuity - 12 lakh, Commutation - 13 lakh and Leave encashment - 9 lakh. I also received pension from July 2022 to March 2023 - 259,000 INR. There was no TDS on salary of 3 months. Do I need to show all of the amounts in Income tax return? If yes what is exempt income and how to show all above?

Is one required to pay tax on total interest of bonds or total interest less accrued interest paid at the time of purchase of bonds? Contract note shows this amount . If i pay tax after setting off accrued interest what happens to TDS amount deducted? Also there will be mis match between return and 26AS.If I pay tax including accrued interest , it is out right loss to me.