AIS Updated for FY24

[m4b]

That's a huge difference of 65K+. Shouldn't happen right??

Got any clarity?

Not yet, I made sure to look at the statements 10 times before asking them to recheck. Let's hope ki mien sahi hun

 

[SSV]

I only see my savings account interests and my mutual funds details.. Where do I see credit card bill payments to banks ?does it only show in AIS if i make 10lacs in a fin year

Yes .. correct , if your CC bill payments for all CCs held within a single Bank exceeds 10L during a financial year, then only it will show here in AIS

 

[NShah]

Sbse heavyyy question to chhot hi gya sbse 😈

@SSV @VISHESH_BANSAL @Pradumya

https://play.google.com/store/apps/details?id=io.lntinfotech.AIStaxpayer . .

 

[dungeonMaster]

My AIS shows cc payment of 12L, car purchase of 15L (financed),

ITR will be around 21L but after deductions/exemptions will be 16L.

Filing ITR since 4 years.

Should I worry? 👀

 

[varun__goel_]

My AIS shows cc payment of 12L, car purchase of 15L (financed),
ITR will be around 21L but after deductions/exemptions will be 16L.

Should I worry? 👀

Nothing to worry about....

 

[Anupama_Jha]

That's a huge difference of 65K+. Shouldn't happen right??

Got any clarity?

If 65k is a huge difference, then difference of 15L is 😝

 

[BVCBVC is verified member.]

If 65k is a huge difference, then difference of 15L is 😝

Anything beyond certain limit is huge. If 15L is there then it's beyond that. You can't define the limits and the range in cases like these.

 

[Anupama_Jha]

Anything beyond certain limit is huge. If 15L is there then it's beyond that. You can't define the limits and the range in cases like these.

Spent 9.5L only, rest all are refunds on same date, but with different merchant name.

 

[BVCBVC is verified member.]

Most of the Banks usually considers Credits (Refunds, Payments..) as payments only. If there is real mismatch between the transactions you can get back to bank, but will take sometime to clear the issue. (PSU banks might not even try to solve the issue due to their bad customer care service).

 

[m4b]

PSU banks might not even try to solve the issue due to their bad customer care service

but for me, read my signature

 

[ajitshukla19]

ITR of 8 lac and spend reported to axis 24lc . What will be the best possible way to handle please suggest

 

[Anupama_Jha]

ITR of 8 lac and spend reported to axis 24lc . What will be the best possible way to handle please suggest

Aam Khao, nimbu ke sharbat piyo, aur nearest CA se sampark kare. Idhar sab experts hi hai

 

[CardCraftsman.]

Aam Khao, nimbu ke sharbat piyo, aur nearest CA se sampark kare. Idhar sab experts hi hai

Chalo kam se kam tumne ye to sikho wo tread se!

 

[Anupama_Jha]

Chalo kam se kam tumne ye to sikho wo tread se!

Yeah 😹 I learnt a lot and gain much confidence in whatever I am doing. Got many perfect ideas, umm along with some people's personal egoistic replies.

 

[kushhh]

That's a huge difference of 65K+. Shouldn't happen right??

Got any clarity?

HUGE !?? Lol , pichle saal 2-3 Lakh ke difference tha Mera reported aur actual spends me .... Axis se kya hi umeed karoge 🤣

 

[Anupama_Jha]

HUGE !?? Lol , pichle saal 2-3 Lakh ke difference tha Mera reported aur actual spends me .... Axis se kya hi umeed karoge 🤣

Have u sent them for correction ?

 

[SpidySpider]

That can be done by stating the source of funds as parents gifts.
If amount is transferred by parents at any point in time.

Warna FD ka source toh jaruri hai hi else ITD can open up past FY files to scan for incomes.

Sources for income kahi report nahi karni hoti right?
Sirf jab notice aaye uske liye proof hone chahiye, am I correct? Or is there new provision from this year?
Also I have read many comments stating we have to report all our saving bank accounts. So we have to add all accs manually compulsorily? or they would have been automatically added since they are already reported in AIS/TIS?.

 

[Pradumya]

Sources for income kahi report nahi karni hoti right?
Sirf jab notice aaye uske liye proof hone chahiye, am I correct? Or is there new provision from this year?
Also I have read many comments stating we have to report all our saving bank accounts. So we have to add all accs manually compulsorily? or they would have been automatically added since they are already reported in AIS/TIS?.

1. Sources of income k proofs hone chahiye at all times
2. Yes only for notices
3. Yes ideally one should add all bank accounts to portal, even if not then also you are liable to include all the interest income and other information if asked to ITR and notices.
4. No account will be added automatically.

 

[SpidySpider]

1. Sources of income k proofs hone chahiye at all times
2. Yes only for notices
3. Yes ideally one should add all bank accounts to portal, even if not then also you are liable to include all the interest income and other information if asked to ITR and notices.
4. No account will be added automatically.

Yes we have to put a single total figure of interest income from all banks but where will we have to report all accounts? Is the process of adding the accounts (which is what we do for refund) same as REPORTING the accounts? Bit confused about that.

 

[prankster]

Does interest from P2P investment platforms like CRED Mint, 12% club not reflect in AIS? I redeemed 2 of my investments in Dec 23, it's not reported in AIS as of now.