if i have to purchase a car, i need last 2 year acknowledgment of ITR. My query is whether it's detail will submitted as AIR transaction while it's not covered as specified transactions listed in Rule 114E of the Income-tax Rules, 1962. reply me soon.
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AIR
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No this information does not reuired to be given in Annual Information Return Details (AIR).
There are only few transactions when entered into, the details of which are required to be submitted in AIR.
UR transaction does not full fill the reuirements....
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