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Query on SFT 005 entry in 26 AS form FY2020


17 August 2020 Hi,

I got an SFT entry in 26 AS form for time deposits for FY2020. However I have not received any query on those transactions from IT department yet. My question is - Is there a provision to voluntarily give explanation on those items?
Is it required to give explanation now or only in case there is a query?

18 August 2020 Explanation required only If scrutiny proceedings initiated.



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