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Annual Information System (AIS)

Tax queries 413 views 2 replies

I have filed ITR for the last financial year 2022-23 and received refund as well.

However, recently I observed from IT Portal e-Campaign List, queries regarding High Value Transactions for AY 2023-24 with response due date mentioned and asking response for marked as ''Expected'' to be provided in Annual Information System (AIS).

My learned CA advises - as I have already filed ITR and received refund, I do not need to verify above transactions in Annual Information System (AIS) and can ignore it.

However, I am not convinced and would request advise from this forum.

Replies (2)
Yes you have to respond. In case if you want you can fipe a revised return. Even if you got refund it is advised to reply to this SFT

Need to check what kind of transactions are missed out. So, cant give a generalised answer . 

 

Please connect if you need help in checking if it needs any revised return or not. 


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