Dear Tax Experts,
I made an outward remittance of ~INR 15 Lacs in the last financial year to my wife's international account and paid 5% TCS (above 7 lacs) which was claimed during tax return filing. I have today received a notice from IT Department to submit response for the remittances. I have just noticed that AIS is reflecting the same amount on the same date 5 times making it ~INR 75 lacs which is incorrect and I'm thinking could be the reason for this notice. I will speak to the bank to see why there are 5 entries but wanted to understand the best course of action.
Please advise the best possible way to address this. Thanking you in advance for your response!
CAclubindia
