In AIS mutual fund units sold get included under RTA and again under Depository category. AIS totals both give the inflated value of MFs sold - nearly twice.
Should one make any comment in AIS or accept the same as it is and proceed to file return based on the actuals
Yes, give feedback as " Option D: Information is duplicate/included in other information"
Depository category, or RTA Category. which one to choose as option D
For mutual funds depository category............
means RTA category is right one,
and in depository category we have to submit Option D: Information is duplicate/included in other information
means RTA category is right one,
and in depository category we have to submit Option D: Information is duplicate/included in other information
As such being duplicate entries one is right and another is duplicate, so one can choose any one being right, stating another as duplicate. In MF generally RTA is right, anyone reporting it again would be duplicate.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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