Dear Experts
I had initiated several short term FDs (45-90 days) during FY22-23 and the maturity proceeds were again put in FDs. My AIS under SFT-005 is showing the aggregate of all FDs but in the "paid to the person" column the amount only shows the FD interest earned during the whole year. This gives the impression that I initiated fresh Fds for a very large amount during the year which is not true as all the money was reinvestment of existing funds. Is this normal reporting format? Or should I object to this in the AIS - Kindly advise.
Thanks n Regards
CAclubindia
