In FY 2022-23 Assessment year 2023-24 Saving Bank account and FD bank account balance reflect in AIS form so assess can face any problem because he has 2 to 3 saving account and balance more then 12 Lacs. its not a one year balance its about 4 to 5 years balance. previous years his annual income is less then 2.5 Lacs so he not filed ITR but previous 2 years FY 2020-21 & FY 2021-22 to Contentious filed his ITR.
03 March 2023
As such no problem if there is no cash deposits of high value in these accounts. A query for non-filing of ITR may be due, so better to file updated return for AY 2023-24 after 01.04.2023.
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