Regarding AIS

sir
my client cash deposit 2600000 and cash withdrawal 2350000 and report in AIS in income tax website so how to solve this problem please clarify sir
Replies (2)
Quick Summary
This discussion addresses a client's concern about reporting large cash deposits and withdrawals in the Annual Information Statement (AIS) on the Income Tax website. The advice clarifies that if the transactions are already reported by the bank, it's generally not an issue. Taxpayers are encouraged to review their AIS and provide feedback for any necessary corrections, and can update their ITR if information was initially omitted.

Taxpayers are asked to review the information in the Annual Information Statement (AIS) and provide feedback if any of it needs to be changed. When submitting the ITR, the value stated in the Taxpayer Information Summary (TIS) may be taken into account. If the ITR has already been submitted and some information has been left out, the return may be updated to add the missing information.

No problem it is already reported by bank

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