ITR 2020-21 AIS Vs 26 As
This query is : Resolved
12 December 2021
Dear Sir
I am working from 2006 My annual income is less then Basic limit so previous year I am never filed itr but saving rs.100000/-each year. In 2018 I got gratuity and epfo from my previous company. Same amount I have concert to FDR in 2 bank and some balance available in saving account. In FY year annual income increase due to fd interest and some rent income approximately Rs.4 lac 10 thousand. I have seen 26 As form where only shows fd interest no any other but AIS Shows high value transaction under SFT Code SFT-016TD interest of deposit Rs.33321/- and SFT-016SB Interest of saving 14521And 245/- past 15 years I never done any high value transaction so why it shown in my ais under SFT. (2) FD value is less then 7 Lac bank will reporting if fd value exceeded Ra. 10L please suggest SFT value can face any notice or problem.
I am working from 2006 My annual income is less then Basic limit so previous year I am never filed itr but saving rs.100000/-each year. In 2018 I got gratuity and epfo from my previous company. Same amount I have concert to FDR in 2 bank and some balance available in saving account. In FY year annual income increase due to fd interest and some rent income approximately Rs.4 lac 10 thousand. I have seen 26 As form where only shows fd interest no any other but AIS Shows high value transaction under SFT Code SFT-016TD interest of deposit Rs.33321/- and SFT-016SB Interest of saving 14521And 245/- past 15 years I never done any high value transaction so why it shown in my ais under SFT. (2) FD value is less then 7 Lac bank will reporting if fd value exceeded Ra. 10L please suggest SFT value can face any notice or problem.
Dhirajlal Rambhia
(Expert)
12 December 2021
1. As you have done transaction in this FY, it will show in AIS.
2. Bank need to declare all the transactions, even if it is less than the specified limit. So, you need not worry ifyou have not deposited any cash to saving account.
2. Bank need to declare all the transactions, even if it is less than the specified limit. So, you need not worry ifyou have not deposited any cash to saving account.
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