03 March 2024
I have got mismatch notice because in the ITR I have shown income as Interest received on unsecured loans and Interest receivable on unsecured loans, whereas in AIS, the income is reflecting in Interest from Deposits (sec 194A). The interest amount and TDS amount are correct, but I have shown the income separately in ITR as :- Interest received on unsecured loans, and Interest receivable on unsecured loans. Please guide me how to give reply to this mismatch notice.
04 March 2024
Respond to the mismatch notice in the compliance portal income reported in the interest head rightly. No omission in total interest income.
CAclubindia
