Information Missing is AIS


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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.


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