My 26AS shows a negative -330000 for SFT 005 updated by the Banker. This is the first time I am seeing this, what does this mean and what does negative amount stands for. Also, is there any action I need to do while I file returns, pls suggest!
Menu
SFT 005 negative amount in 26AS
Replies (3)
Please contact to your bank
SFT 005 is high value transaction reported by banker on deposits. Contact banker who has shown negitive 005 SFT. if SFT is correctly shown in 26AS, then we don't have to take any action. It is simply report of high value transaction, generally ( above 10,00,000)
It shows that you have made withdrawal of Rs.3.3 Lakhs from your bank account.
Recent Topic
- INCOME TAX DEPARTMENT: DOUBLE STANDARDS
- ITR-4,under presumptive Taxation
- TDS data mismatch with SFT
- Resale of under construction Residential Flat part
- What would be my Salary
- Damage good
- INCOME TAX RETURN
- Form 10E doubt
- LTCG on property sale after 24jul2024
- Should we mention NET INCOME or GROSS INCOME in i
Related Topics
CAclubindia
