50 transactions to be reported in new annual information statement. so b...

50 transactions to be reported in new annual information statement. so be alert & careful in misuse of pan number.subscribe and like to no 1 in the new best videos of @youtube channel for:https://www.youtube.com/channel/UCN-jFIx3xS11M_UbS6SCKdg, https://www.youtube.com/channel/UCd0JyuJnbFxh8Ag5XODa27w welcome to your home youtube channel where you will come to know more about free videos on The Income Tax Department has announced the roll-out of a new statement namely Annual Information Statement (AIS) which would provide you with almost all details about your financial transactions during the year. So far, the Income Tax Department has been issuing Form 26AS to provide information related to taxable income and tax deducted at source (TDS), which will now be replaced with the Annual Information Statement (AIS). The new AIS statement will provide comprehensive information of the taxpayer and will be significantly useful while preparing the tax return. The information will be provided in AIS after removing duplicate information and taxpayers can download such information in PDF, JSON, CSV formats. A taxpayer can submit online feedback if the information is erroneous or refers to another person/year, or is duplicate Here’s the list of Top 50 Transactions to be reported in the New Annual Information Statement. 1.Salary Employer submits detailed breakup of salary, perquisites, profits in lieu of salary etc paid to the employee in Annexure II of the TDS statement (24Q) of the last quarter. This information is also provided by the employer to the employee (taxpayer) in Part B (Annexure) of Form 16. AIS displays all the financial transactions such as, salary income, dividend income, interest income from saving/fixed 2. Rent Received 3. Dividends 4. Interest from savings bank 5. Interest from deposit 6. Interest from others 7. Interest from income tax refund 8. Rent on plant & machinery 9. Winnings from lottery or crossword puzzle 10. Winnings from horse race 11. Receipt of accumulated balance of PF from employer u/s 111 12. Interest from infrastructure debt fund 13. Interest from specified company by a non-resident u/s 115A(1)(a)(iiaa) 14. Interest on bonds and government securities 15. Income in respect of units of non-resident u/s 115A(1)(a)(iiab) 16. Income and long-term capital gain from units by an offshore fund u/s 115AB(1)(b) 17. Income and long-term capital gain from foreign currency bonds or shares of Indian companies u/s 115AC 18. Income of foreign institutional investors from securities u/s 115AD(1)(i) 19. Insurance commission 20. Receipts from life insurance policy 21. Withdrawal of deposits under national savings scheme 22. Receipt of commission etc. on sale of lottery tickets 23. Income from investment in securitization trust 24. Income on account of repurchase of units by MF/UTI 25. Interest or dividend or other sums payable to government 26. Payment to non-resident sportsmen or sports association u/s 115BBA 27. Sale of land or building 28. Receipts from transfer of immovable property 29. Sale of vehicle 30. Sale of securities and units of mutual fund 31. Off market debit transactions 32. Off market credit transactions 33. Business receipts 34. Business expenses 35. Rent payments 36. Miscellaneous payments 37. Cash deposits 38. Cash withdrawals 39. Cash payments 40. Outward foreign remittance/purchase of foreign currency 41. Receipt of foreign remittance 42. Foreign travel 43. Purchase of immovable property 44. Purchase of vehicle 45. Purchase of time deposits 46. Purchase of securities and units of mutual funds 47. Credit/Debit card 48. Balance in account 49. Income distributed by business trust 50. Income distributed by investment fund Connect with us on Social Media link given below.Like and subscribe https://www.thetasteofrajasthan.co.in/ @linktr.ee: https://linktr.ee/tasteofrajasthan @linktr.ee : https://linktr.ee/AshuBagri @linktr.ee: https://linktr.ee/gamewearindia @linktr.ee: https://linktr.ee/gnationhyd @linktr.ee: https://linktr.ee/treatscafe @linktr.ee: https://linktr.ee/royalfood.hyd @YOUTUBE: https://www.youtube.com/watch?v=n9OcWxtKrTM https://www.instagram.com/acumen_hub/ https://www.facebook.com/acumenhub.co/ @ashu_bagri @of_madhapur @tasterajasthan1 @gnationhyd @ashubagri14 @thegamewearesp1 @gnationonline @Kamasutrabc #50transactionstobereported #tobereportedin #inmisuseofpannumber #newais #ashubagri #stockmarketofindia #tasteofrajasthan #newannualinformationstatement #bealert #careful #pannumber #50transactions #incometax #specifiedfinancialtransactions #incometaxnoticekabaatahai #insurance #like #building #travel #sports #respect #offshore #newais #mutualfunds #currency #payments #business #newannualinformationstatement #careful #pannumber #50transactions #incometax #specifiedfinancialtransactions #incometaxnoticekabaatahai #tax #investment #bank #property #infrastructure