fixed deposit Interest of Rs.32046/- reflect in AIS of Code 016TD interest of deposit RS.32046/- and Saving Interest Under SFT Code 016SB interest of Saving RS.240/- But no transaction found in form 26 AS These are highly value transaction ? its any serious matter can we face any issue please suggest
11 December 2021
NO. Though not high value transaction, but you need to offer FD interest of Rs. 32046 or more for assessment under head 'Income From Other Sources'. No other issue to worry about.
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