Dear Sir,
I have learnt lots of myth and concept. it's any realty Suppose a person file his income tax return and mention his 2 0r 3 saving account whatever. Can it department arise any questions regarding any income or bank balance earlier he had no file itr due to annual income is less the basic limit. But saving Rs.90 k to 1 Lac since 2009. Gruaity and epfo withdraw Balance available in his saving account and some fds.does any issue face to filer
kindly guide
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Replies (4)
Generally question not raised unless any reporting by bank/s under SFT transactions...
Sir I have seen my 26 As form where no transaction under SFT but ais show under SFT Code 016TD interest from deposit Rs.18900/-only mention no fd amount and Code SFT016SB interest from saving Rs.2330/-
Sir, FD basic limit is not exceeded 10Lac so why it reflect in AIS please suggest
Sir, FD basic limit is not exceeded 10Lac so why it reflect in AIS please suggest
Nothing to worry, Where your income as per your statement is well within threshold ... you can file ITR and relax
Thank you Sir,
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