Annual Information Statement mismatch

Annual Information Statement has details about Purchase/ Sale of Securities and Mutual Fund. However, do not match with the actual details. 

Which amount should be considered while filing income tax return.

 

 

 

Replies (3)
Quick Summary
This discussion addresses discrepancies between the Annual Information Statement (AIS) and actual purchase/sale details of securities and mutual funds. It clarifies which figures should be used when filing an income tax return, advising to use the actual recorded details. The conversation also touches upon the likelihood of receiving a defective return notice due to AIS inaccuracies, reassuring that correct actual data should prevent issues as AIS is still in its implementation phase.

Fill the actual details

Thanks for your reply. What is the probability of getting defective return notice?

Don't worry, if you think that you are right with your actual details then you will not get the notice as AIS is not showing correct data in every case....It is in the implementation stage

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register