My father and mother hold a joint saving account. In FY22-23, my father closed few fixed deposit and created new one which amount > 30L.
My mother received a notification in AIS under SFT-005, to justify those "purchase of time deposits". We responed back within time with following reason:
Reason: "Information related to other PAN/Year" and relevant information.
As there is not way to upload document, we provided as much as information we could provide in text.
We have received a follow-up e-mail response from source rceived on your feedback on June 23.
Informtion sources response: "Feedback provided by taxpayer is incorrect"
Please suggest what and how to modify the response. Also, is there any time limit to reply back to this response.
CAclubindia
