AIS & Credit Card Usage Notice

[2025]

For Senior Citizens, the combined deduction on interest earned on SB+FDs is 50K. Based on PAN DOB and entries in AS26/TRACES, it automatically fills in this field.

For others (non-Seniors), SB interest max deduction is capped at 10K.

Sir, the question is in new regime 50k (for ss) deduction option for FD interest is not available. Then how that amount are getting deducted from total taxable income?

Even though in this case that won't change refund, but, still can make the return invalid.

 

[Das.N]

As far as I remember, when you were answering some questions it mightvtook it from there. Or most likely as you also noticed, it's probably a glitch.

Suggest u to wait and don't submit in a hurry.
U can start afresh, after few days.

For your kind attention: I have neither answered any questions related to that nor given any data input.
Even, I am starting fresh filling; before given any kind of data, after filling only personal information, I can see that deduction amount pre filled in those grey section .
I will wait for 7-10 days now, and see what happens.

 

[desiviru]

Can someone help me; which kind of deduction is this in my father's ITR? ( It's pre filled and can't be edited)
My father became 60 last year. Is this anything related to Senior citizen?
He has some income from business income and fixed deposit interest.
We are filling his ITR under new regime, So, 80 TTB should not be applicable right?

View attachment 102738

Not a technical glitch but this is the maximum amount shown for which deduction can be claimed in this section of ITR. Ignore this. In new regime all of these sections cumulatively have max. 50K deduction.

Suppose you fill out 1L in NPS and 1L in Agniveer then this column will still made calculation and it will reduce this eligible deduction amount of 50000 from it and make the net total. 100000+100000- 50000 (shown for you) and make 1.5L as taxable.

Mostly it auto-furnishes when someone enter amount. Like if you enter 2L in 80C, on right side it will automatically put 1.5L and make other 50K taxable.

Same way here and I think they actually forgot to mark in code for this to appear only when a data of amount is entered. Basically for prefilled it is showing. As it can't go to -50000, it will work only when you enter values in say 80CCD etc.

 

[Das.N]

Not a technical glitch but this is the maximum amount shown for which deduction can be claimed in this section of ITR. Ignore this. In new regime all of these sections cumulatively have max. 50K deduction.

Suppose you fill out 1L in NPS and 1L in Agniveer then this column will still made calculation and it will reduce this eligible deduction amount of 50000 from it and make the net total. 100000+100000- 50000 (shown for you) and make 1.5L as taxable.

Mostly it auto-furnishes when someone enter amount. Like if you enter 2L in 80C, on right side it will automatically put 1.5L and make other 50K taxable.

Same way here and I think they actually forgot to mark in code for this to appear only when a data of amount is entered. Basically for prefilled it is showing. As it can't go to -50000, it will work only when you enter values in say 80CCD etc.

Yes, it's amount of total eligible deduction. But by default it's calculated as total claimed deduction.
I called one of my friends who has same situation like me, for his mother's itr( who is a senior citizen) is facing the issue like me. They can't proceed to file the ITR as it was showing error in the validation page and there was no option the rectify that error
Si, It's a glitch,we can not file ITR until IT department fixes the issue
This is the error message he is getting in the validation page

 

[desiviru]

Yes, it's amount of total eligible deduction. But by default it's calculated as total claimed deduction.
I called one of my friends who has same situation like me, for his mother's itr( who is a senior citizen) is facing the issue like me. They can't proceed to file the ITR as it was showing error in the validation page and there was no option the rectify that error
Si, It's a glitch,we can not file ITR until IT department fixes the issue
This is the error message he is getting in the validation page View attachment 102749

It will be resolved soon. Last year ITR 1 had the address inavalid issue. Took 3-5 days to reslove. This time it will be longer as already ITR 2/3/5/6/7 are unavailble and team busy with that.

Try to fill excel utility and upload .json if you can.

 

[habibmy]

6L profit is very much, they don't even show 1L as profit.
Yes opening a current account without GST and rotating through that is little complicated. But I am a sure that a CA can help in linking all this. Yes for mere 50k he did very big txns and now maybe have to pay more than 50k for all CA fees, taxes, penalties and all.

If Profit is less than 6% you need to be audited.

 

[CardTox]

Guys, my friend files ITR of 20lac, he has been informed by CA at the time of filing ITR that 60lac rupees came in his account in this financial year, so what is the source of these 60l? He shared with me these 60l came to his account by rotation!!!!!! is he safe?

 

[Pravin1156]

Guys, my friend files ITR of 20lac, he has been informed by CA at the time of filing ITR that 60lac rupees came in his account in this financial year, so what is the source of these 60l? He shared with me these 60l came to his account by rotation!!!!!! is he safe?

Proper filling of ITR every year with cc usage not an issue, non filling may leads to Income tax notice

 

[Sobirvs]

Guys, my friend files ITR of 20lac, he has been informed by CA at the time of filing ITR that 60lac rupees came in his account in this financial year, so what is the source of these 60l? He shared with me these 60l came to his account by rotation!!!!!! is he safe?

rotation isn't illegal but it sure can confuse IT and may lead to an enquiry. But if your friend can make IT understand it's rotation, nothing will happen.

 

[Strange]

Guys, my friend files ITR of 20lac, he has been informed by CA at the time of filing ITR that 60lac rupees came in his account in this financial year, so what is the source of these 60l? He shared with me these 60l came to his account by rotation!!!!!! is he safe?

From cash deposit or online transactions?

 

[Wealth is my birth right!]

Guys, my friend files ITR of 20lac, he has been informed by CA at the time of filing ITR that 60lac rupees came in his account in this financial year, so what is the source of these 60l? He shared with me these 60l came to his account by rotation!!!!!! is he safe?

Post notice he have to visit IT department office where he have to show cc statements and convince them

 

[CardTox]

From cash deposit or online transactions?

I think its online as he agressively used his credi cards for purchasing electronic articles for his family and relatives and those people used to transfer to his account. Moreover he reportedly rotated money through Snapay.... and the person who told him about snapay and housing app is only me!!!! ab wo mujhe keh raha hai ke yar mujhe pata nahi tha ke ye issue create kar sakta hai.....

 

[desiviru]

I think its online as he agressively used his credi cards for purchasing electronic articles for his family and relatives and those people used to transfer to his account. Moreover he reportedly rotated money through Snapay.... and the person who told him about snapay and housing app is only me!!!! ab wo mujhe keh raha hai ke yar mujhe pata nahi tha ke ye issue create kar sakta hai.....

Yeh friend ka kamm aur aapka apna masla zyada lag raha hai. 🤣

Friends, all over the world be like: Pata ni aisi situation mein hum kaise pel diye jatey hai jabki hamarey pass toh CC hai hi ni.

Moral of the story: A friend with a CC can benefit IT department anytime. So keep an eye on such friends and family members.

 

[Lobogris]

Post notice he have to visit IT department office where he have to show cc statements and convince them

Hearings are mostly virtual (online) now.

 

[Wealth is my birth right!]

Hearings are mostly virtual (online) now.

Good thing…
So video will do it