IT - Purchase of Time Deposit

A.Kishore Kesav (810 Points)

03 January 2023  
One of my friend got a notice/info in his Tax Payer Information Summary stating Purchase of Time Deposit - amount ₹29.28lakhs, he maintains the Bank A/c by himself under his Mom's name.

Issue is, he has never did such deposit but he got info in the summary which he feel incorrect/mistake.

Can anyone please guide me? TIA