There is deference in bank statements and AIS
report
in bank statements there is only one redemption of Mutual fund but in AIS it showing more than 3 number of redemption
what should i consider
3 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 20 June 2022
AIS report can't be wrong, just asked client about any other holdings.
PRAVIN VADNERE
(AUDITOR)
(115 Points)
Replied 20 June 2022
In case there is an error and you have not given feedback requesting a correction, then it may be assumed that the information reflected in AIS is correct and the income tax department may ask you to explain the mismatch between the income tax return filed by you and the information in the AIS.
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 20 June 2022
@ Ajit Jaiswal,
Download the MF statement for all folios and compare it with AIS
Download the MF statement for all folios and compare it with AIS
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