How to report AIS data in Income Tax Return ft

Welcome to our informative session on mastering Income Tax Returns! In today's world, the advent of Advanced Information Systems (AIS) has revolutionized the way authorities gather information about taxpayers. Now, AIS covers extensive details about an assessee's financial activities, such as share trading, business turnover, credit card payments, investments, and cash transactions.
If you find yourself puzzled by how to report these transactions accurately in your Income Tax Return, you've come to the right place. Our expert panel will guide you through the complexities and provide step-by-step insights on how to effectively disclose and manage such data in your tax filings.
Key Discussion Points:
Understanding AIS and its impact on Income Tax Returns
Properly disclosing share trading activities
Reporting business turnover with clarity
Navigating credit card payment details in your return
Accurate reporting of investments and cash transactions
Unlock the secrets to optimizing your tax return accuracy and compliance by joining us for this essential session!
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Пікірлер: 63

  • @jaykumarbharti6487
    @jaykumarbharti64872 ай бұрын

    Dear respected sir, I watch your videos and it is so informative. I am a csc operator. Please make a video for csc operators how to do business turnovers and how to fill itr for this. Tq sir

  • @sureshbasate8783
    @sureshbasate878329 күн бұрын

    Vivek Sir, Hats of to you. Very informative video with practical life case studies. In fact, no one can beat you.

  • @chotiooo9151
    @chotiooo91516 ай бұрын

    Thank you sir

  • @monikaojha9722
    @monikaojha972211 ай бұрын

    Very useful information

  • @Vikrantdeo
    @Vikrantdeo11 ай бұрын

    Well explained sir 👍🏻

  • @Mandu_887
    @Mandu_88711 ай бұрын

    Excellent

  • @prateekjain9262
    @prateekjain926211 ай бұрын

    bht badiya sir

  • @Curious.2024
    @Curious.202427 күн бұрын

    Reinvstment of matured FDs is also shown under "Purchase of time deposits" as if they are new fixed depsoits

  • @ashokdb
    @ashokdb11 ай бұрын

    is your 2021 video on tax on EPF withdrawal got any modification in this financial year? ITR 3 Other Sources schedule, "Accumulated balance of recognized provident fund taxable u/s 111" option is there but how to fill this section as Assessment year, Income benefit and Tax benefit options given to fill up but what need to fill? Can you make a video about this section.

  • @anilanal1997
    @anilanal199711 ай бұрын

    Very informative video, mera bhi credit card payment 30 lakh ka h to itr 4 file kar diya hoon , but depression me chala gya hoon sir😢

  • @chotiooo9151

    @chotiooo9151

    6 ай бұрын

    Kyu sir

  • @RameshKumar-lg9zq
    @RameshKumar-lg9zq11 ай бұрын

    Very useful information thank you

  • @FinTaxPro

    @FinTaxPro

    11 ай бұрын

    Glad it was helpful!

  • @channels252
    @channels25211 ай бұрын

    Sir in case of say STCG,we have to fill quarterwise amt which shud also match BFLA..but say if a quarter has loss and other has gain ultimately net effect show karte h for cap gain, but in quarter loss entry is not allowed by eportal..again we can deduct exps for calculation of cap gain..but how to distribute that in quarters? Probably my query is not very clear..plz make a detail video on cap gain coming from share, with practical cap gain report of say groww

  • @user-sn4zz3sq4t
    @user-sn4zz3sq4t11 ай бұрын

    I am receiving family pension which comes under ' Income from other sources'. I do not have 'Income from salary'. Though my payslip is marked as Family pension account, the Sub Treasury office deducted TDS on it u/s 192. This year when trying to file ITR, the tool has given validation error stating the salary shown under the salaries section is less than the value shown in TDS section. How to submit ITR

  • @gateaspirationsmechanicale2032
    @gateaspirationsmechanicale20323 күн бұрын

    m I have done off market transfer from on CDSL to NSDL to own account and this is reported in AIS by IT department ,in which section I can fill this in ITR -2?

  • @MohdShahid-mq5ft
    @MohdShahid-mq5ftАй бұрын

    Usefull video sir, sir ek query thi, Mere AIS me cash deposit 10 lack plus show ho raha h, to ITR 4 me kaha pe show karna h ya show nahi karna h..plz reply Sir Thank you❤

  • @MohdShahid-mq5ft
    @MohdShahid-mq5ft11 ай бұрын

    Awosome Sir 👍

  • @FinTaxPro

    @FinTaxPro

    11 ай бұрын

    Thanks ✌️

  • @mrgouravhans
    @mrgouravhans11 ай бұрын

    Tis and Ais m value jayda show ho rhi hai, tab hum kaya kare? actual data ko follow kare ya ais and tis ko

  • @PanditShubhamUp11
    @PanditShubhamUp1111 ай бұрын

    First like & comment ❤

  • @sspandya-pj8lk
    @sspandya-pj8lk11 күн бұрын

    What is meaning of "value of off market credit transaction" in AIS

  • @akhilesh_jais
    @akhilesh_jais16 күн бұрын

    सर मै AEPS संचालक हूं। कैश WITHDRAWL जिस पर TDS नहीं कटा है उसे ITR 3 या आईटीआर 4 के किस सेक्शन में दिखाऊं? अगर नहीं दिखता तो HIGH TRANJACTON VALUE का नोटिस आ जाता है

  • @shishupalnegi9859
    @shishupalnegi985911 ай бұрын

    Sir, make a video on house rent exemption formula especially with reference to government employees. Thanks.

  • @mihirneema

    @mihirneema

    11 ай бұрын

    I think government employees ko Government he accomodation deti hai generally. Tho uske fair rent ko perquisite bana ke add kar dete hai income mein.

  • @sungoku4916
    @sungoku491611 ай бұрын

    Sir VDA main difference a raha h Mera tds main AIS & TIS 778/- TDS galat show hora hai And actual m mera 585.81 hai jo ki TRACES main show ho raha hai 26AS 16 16A main 22 -23 ka tds 585.81 hi hai exchange ke transection of selling VDA main bhi Edit karke 585.81 fill karna chahiye itr main ? Bcoz 26AS 16 16A aur exchange ki report main total tds 585.85 mention hai

  • @_tanveer_786
    @_tanveer_78611 ай бұрын

    Sir esi client ka practical video banaya plz

  • @gobindrai7353
    @gobindrai73532 ай бұрын

    Sir,I am salaried person & purchased some mutual funds in 2023-24, which ITR i should file & where this mutual fund purchase should report..?

  • @jaynandangiri4401
    @jaynandangiri440111 ай бұрын

    Sir Actually mere papa ka business close ho gaya but humne loan liya tha home loan Emi me me apne account se Papa me account dal deta hu agar me papa ka itr na file karu to koi problem.....hoga

  • @surendramishra9685
    @surendramishra968511 ай бұрын

    Mutualfunddividend reinvest hota hai TDS kat 😢kar rest amount jiska unit allot kiya haha to 80C mere invested amount ma binifit milega

  • @ishaan6808
    @ishaan68084 ай бұрын

    Hi sir, my AIS report is showing coma (,) instead of dot (.) and value of sale of share is showing as 1,03512,615 instead of 1,03512.615 due incorrect reporting from CDSL of format of numbers, shall i reject this and will this impact in my ITR filling?

  • @vkb-vx8pl
    @vkb-vx8pl11 ай бұрын

    NSC interest is showing for 5 years together, will have to give feedback in this? If we are showing NSC interest every year on accural basis which is not visible in AIS then will we have to give feedback every year that interest is not visible in AIS on accural basis?

  • @mihirneema

    @mihirneema

    11 ай бұрын

    It is advisable to give feedback in TIS but not mandatory

  • @prajwalshetty2047
    @prajwalshetty204710 ай бұрын

    ❤️🇮🇳👍

  • @hareshthumar7227
    @hareshthumar722711 ай бұрын

    Hello sir, I have 5 transection for STCG (equity profit 827) and 1 transection for STCG INTRADAY (equity profit 1255), which ITR should I file ITR-2 or ITR-3? HELP SIR, THANK YOU.

  • @shanighoniya

    @shanighoniya

    11 ай бұрын

    Itr 3

  • @sunildeshmukh2910

    @sunildeshmukh2910

    11 ай бұрын

    Itr3

  • @vaibha2
    @vaibha211 ай бұрын

    Sir, i hv F and O profit...but not showing in AIS... only mutual funds buy& sell transactions and dividend were shown... If i add F&0 profits my income will cross 2.5 lac.. so should I file ITR or not?

  • @mihirneema

    @mihirneema

    11 ай бұрын

    Bro file karde return. 2-3 K rupe ke chakkar mein lafde mat kar department se, unko sab pata rehta hai, tumhara demat bhi wo dekh sakte hai if they want to. Nothing to hide

  • @rameshkgurs6535
    @rameshkgurs653511 ай бұрын

    Suppose I was having RS.10,00,000/- in the month of April and in mobile Banking I made fixed deposit for 30 days as I do not want to keep it in my SB account. On maturity I made the same for 1 more month, like wise for all the 12 months I made F D after the amount is credited to SB account. As such IT AIS WILL SHOW deposit made for the year 1 crore 10 lakhs. But I am having only 10 lakhs plus meagre interest. So I think in AIS it should show both deposit made and withdrawal made during the year. Deposit minus withdrawal will be the actual amount with me. Please clarify.

  • @FinTaxPro

    @FinTaxPro

    11 ай бұрын

    No it will only show the purchase of time deposit

  • @AsifAli-ch2jk
    @AsifAli-ch2jk11 ай бұрын

    Sir business receipt 1959000 isi amount par tds kata hai jo ki itr mein reflect ho raha hai aur gst turnover 1800000 hai.. gross receipt mein kya show kare

  • @gulshannarula8626

    @gulshannarula8626

    11 ай бұрын

    Next month me 159000 ki sale dikha dena... Gst me extra Tds 1959000 ka le liya h aapne aur Gst Return 1800000 ki file ki h to.... Balance ki gst return file krdo.... 1959000 ko bhi Gst turnover dikha skte ho ITR me.... Gst return back date ki file kr dena....

  • @AsifAli-ch2jk

    @AsifAli-ch2jk

    11 ай бұрын

    @@gulshannarula8626 thanks sir..

  • @AsifAli-ch2jk

    @AsifAli-ch2jk

    11 ай бұрын

    Lekin Sir maine point se point mila kar tcs data se match karke data feed kiya tha pata nahi diff. Kyu aa gaya

  • @SK-dy4fu
    @SK-dy4fu11 ай бұрын

    सर 🙏 आप ने अभी तक ITR deceased person मृत व्यक्ति का itr Leagal heir के द्वारा भरना अभी तक नही बताया है. सर लीगल heir के रजिस्ट्रेशन मे बहुत दिक्कत आ रही है जो डाक्यूमेंट्स जरूरी नही है उसको भी अपलोड करने को कह रहा. प्लीज सर इस पर कुछ दीजिये🙏 हमारे यहाँ के CA भी कुछ नही बता पा रहे हैं

  • @serial_killers_
    @serial_killers_11 ай бұрын

    Sir Please make video on gifting of share to spouse

  • @mihirneema

    @mihirneema

    11 ай бұрын

    Bhai gift Diya hai tho clubbing ho jayegi, jyada better hota hai paise as loan do between spouse

  • @kartavyatiwari8583
    @kartavyatiwari858311 ай бұрын

    Sir course bhi ye sab sikhaoge aap

  • @iHarshitRajput
    @iHarshitRajput11 ай бұрын

    What's the point of digital transactions if we can not prove that credit card is used to rotate money via wallets loads or any other tricks and not for actual spends? As there is No or negligible income from cashbacks/reward points but still we will have to show these transactions as turnover. Isn't something wrong with this?

  • @FinTaxPro

    @FinTaxPro

    11 ай бұрын

    Point is you will get notice to prove that and litigation have it’s own cost. Go ahead if you want to go in that way.

  • @souvikkundu1996
    @souvikkundu199611 ай бұрын

    Bank interest is not match with AIS, then what should i take as a saving bank interest, from AIS or from Bank Statement?

  • @FinTaxPro

    @FinTaxPro

    11 ай бұрын

    If you receive higher interest then go with higher amount

  • @souvikkundu1996

    @souvikkundu1996

    11 ай бұрын

    @@FinTaxPro but if received lower amount, what should I do in that case?

  • @souvikkundu1996

    @souvikkundu1996

    11 ай бұрын

    @@Green_3D yes sir I also think so, but which one I showing in ITR?

  • @mihirneema

    @mihirneema

    11 ай бұрын

    @@souvikkundu1996show higher amount

  • @venkateshmss5936
    @venkateshmss593611 ай бұрын

    Sir not getting audio, please

  • @FinTaxPro

    @FinTaxPro

    11 ай бұрын

    Check your speaker

  • @jaynandangiri4401
    @jaynandangiri440111 ай бұрын

    Supppp

  • @AsifAli-ch2jk
    @AsifAli-ch2jk11 ай бұрын

    Sir amazon par 400000 ki sale hai aur gst par perfectly tcs received se perfactly match ho rahai hai jaisa aapne apni online seller ki video mein sikhaya hai lekin AIS mein 600000 par tds dikha raha hai. Diff. Kyu plz sir reply must...

  • @mihirneema

    @mihirneema

    11 ай бұрын

    Check 26 AS

  • @snehaa381
    @snehaa38111 ай бұрын

    Modus Operandi😂

  • @debabratakarmakar2745
    @debabratakarmakar274511 ай бұрын

    Thank you sir

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