AIS form reflects Bank Balance

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Pivate
1492 Points Posted on 01 May 2022
Dear Sir,

IN fY 2021-22 AIS form yet not update
Can it reflect Saving Account Bank balance as on 31 March
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On 01 May 2022 at 22:22 Report
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Quick Summary
The Annual Information Statement (AIS) form for FY 2021-22 may not directly reflect your savings account balance as of March 31st. Instead, it primarily shows TDS deducted and interest earned on savings accounts. While some experts suggest bank balances linked to your PAN might appear after June 6th, the AIS is fundamentally a record of tax deducted at source, similar to Form 26AS.

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CA
10436 Points Posted on 03 May 2022
No it will not reflect savings bank account balance. It will only show interest on savings account
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On 03 May 2022 at 12:03
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Profession Business
28246 Points Posted on 03 May 2022
Annual information statement is a replica of 26AS.
IT REFLECTS TDS DEDUCTED.
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On 03 May 2022 at 20:56
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729 Points Posted on 03 May 2022
Sir, i received one more reply from expert he sent reply to me by personal message. according to him after 6 June all bank account balance will be reflected where pan number linked eg.Saving current FDR etc
is any reality.
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On 03 May 2022 at 22:30

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