AIS information all banks show question
This query is : Open
04 May 2022
Sir,
One of the it person maintained three banks 1. sb account balance rs:24,568/-
2.bank sb account balance rs:56,356/-
3.bank sb account balance rs: 89,455/-
As on dt: 31-03-22.
Question:
Assessess above mentioned all banks
accounts information transaction data AIS show compulsory.
One of the it person maintained three banks 1. sb account balance rs:24,568/-
2.bank sb account balance rs:56,356/-
3.bank sb account balance rs: 89,455/-
As on dt: 31-03-22.
Question:
Assessess above mentioned all banks
accounts information transaction data AIS show compulsory.
04 May 2022
Not compulsory to show such lower balance.
05 May 2022
If it is individual then bank balance disclosure is required only in specific circumstances like GTI above 50lacs for other than business categories and
ITR-3 and ITR-4 categories also have to disclose the bank balances related to business.
May I know whether it is business entity and all bank accounts are related to business ?
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