Diff between actual income and AIS
Rajvi Shah (84 Points)
05 July 2022
if difference between actual income and AIS report.then which income show in return??
5 Replies
CA Puja Sharma
(Chartered Accountant)
(5010 Points)
Replied 05 July 2022
Report the actual income while filing your Income Tax Return.
Make a reconciliation of the actual income with AIS for future reference.
JJJ
(Need help)
(675 Points)
Replied 05 July 2022
File your return based on the actual income.
As for the AIS if any income amounts are higher than you have actually received, it may be worthwhile to log and disagree just to have it on record.
Other than that, I don't think you need to do anything for now.
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 05 July 2022
Actual income you earned.
Recent Topics
- Taxability of income in USA of resident oci holder
- Clarity regarding Sec 16(4)
- GST ON HOTEL ROOMS details
- Relief for Delayed Filing of Tax Forms
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
Related Threads
CAclubindia
