Information Missing is AIS


This query is : Resolved 

Quick Summary
A user sold a jointly owned property but found the transaction missing from their Annual Information Statement (AIS) and their mother's. It was clarified that sales below £30 lakhs, where no Tax Deducted at Source (TDS) is applied, may not automatically appear in the AIS. Checking Form 26AS was also suggested for further details.

22 July 2024 I Sold a joint property (Joint with my Mother) this year. However, the details of the same are missing from my AIS and my mother's AIS. Is there any reason for it to not appear in the AIS?

22 July 2024 When did you sell it? Sale Deed Date ?

22 July 2024 Sale deed date is March 20, 2024

22 July 2024 Whether TDS deducted by purchaser?
Do you have form 16?

22 July 2024 No TDS has been deducted

22 July 2024 Check form 26AS in Part F. For FY 2023-24; any details?

27 July 2024 No details presesnt in Form 26AS

27 July 2024 It means the sale value would be less than 30 lakhs.

27 July 2024 Only sale value over 30lakhs are normally shown in the AIS? Then understood. Thanks a lot for your time!!

27 July 2024 My Pleasure.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
ARTICLESHIP 15 July 2026
CA Articles

Kinjal H Shah & Co.

Mumbai

CA Foundation

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Company
23 July 2026
Semi qualified CA

Garg Bros & Associate CA

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
13 July 2026
AVP / VP - PCG Advisory

Workforce Connect

Mumbai

MBA

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Company
31 July 2026
Senior Accountant - Bunia, Democratic Republic of Congo

AD GLOBAL LTD

Mumbai

B.Com

View Details
Follow