Negative SFT-005
This query is : Resolved
03 December 2021
I got negative entry of Rs. -33596/- in Form 26AS with Remark as "O".
Please guide what to do with that? Do i need to file it in ITR?
Please guide what to do with that? Do i need to file it in ITR?
04 December 2021
SFT 005 is for booking of Time deposit above Rs. 10 lakhs.
In your case it is overbooked by the reporting Bank, which is liable for revision, so need not worry for such reporting till it is finalized.
You need to file ITR based on your actual income base, provided it has exceeded the basic exemption limit; or have any specified transaction as mention in sec. 139 of IT act.
In your case it is overbooked by the reporting Bank, which is liable for revision, so need not worry for such reporting till it is finalized.
You need to file ITR based on your actual income base, provided it has exceeded the basic exemption limit; or have any specified transaction as mention in sec. 139 of IT act.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
