New Delhi, July 15 -- More than two crore income tax returns have been filed so far for AY 2026-27 as the ITR deadline draws closer. To avoid errors while reporting income, taxpayers must keep all their necessary documents ready before starting the filing process, including the interest certificate issued by their banks or post office.

The interest certificate provides a consolidated record of the interest earned on savings accounts, fixed deposits, recurring deposits and other eligible deposit schemes during the financial year. This ensures you do not miss reporting any interest income, helping you avoid penalties and other consequences that may arise if you file your tax return incorrectly.

An interest certificate is a formal document...