Can interest amount be revised in ITR?

Hi, Form-16 is issued by an employer. So, trying to understand your query.  You mean to say that you have submitted the interest amount details wrongly to your employer?  Have you filed your ITR for AY 2016-17?

i got 2 print outs from my bank prior to March 31st on the projected interest amount under MOD accounts. I didn't realise till much later that several accounts were printed twice and by mistake i took the total of all the interest accrued. I paid the necessary tax after taking into account the TDS on each account. After March 31st i downloaded the actual interest paid to me by the bank and the amount is half of what i declared under "income from other sources". I have not yet filed ITR for 2016- 17. If i do file the returns can i state the correct amount of interest paid and in a sense revise the details under the necessary section. Further, am i entitled to a refund?
Thank you

Hi, Yes, you can do so. You can disclose the correct interest income under the head 'income from other sources' and provide the TDS details in 'taxes paid & verification' section of ITR. The tax liability can get reduced automatically. You will get REFUND of TDS (if any, extra).