A joint Fixed Deposit (FD) made from a joint savings account is appearing on both individuals' PANs in the AIS SFT information. After submitting feedback, the bank has rejected it, citing a gross amount paid. The user is seeking advice on how to respond to the rejection and has contacted the bank's FRT department for clarification.
30 June 2025
I have made 4 FD amounting Rs. 41Lkh. on 04-06-2020.from my Joint SB a/c with Wife. FD issue in Joint Name. However ITD shown in AIS SFT Information in my wife Pan No. as well as My Pan No. I have replied through Feedback option. in wife AIS as information related to my Pan No. and file ITR accordingly. Now I have received mail on 25-06-2025 from insight, feedback rejected by Sources(Bank) and show Gross amount paid to the Person Rs.131159/-not showing any details of what type of amount paid to person. Please advise, How to reply this query Shall I modify Feedback , stating txn pertain to Other Pan/ Duplicate Txn.
30 June 2025
No need to rectify feedback now. The rejection is same for all SBI customers who invested in Joint FDs. Unless there is any CPC query, no need to do anything.
02 July 2025
Thanks for your advise. I have write a mail to Source SBI FRT Dept. about this anomaly and to advise details of amount paid to Person for Rs.131159/- and request to rectify the SFT Information.