Question

If a taxpayer notices a discrepancy or an incorrect financial transaction reported in their Annual Information Statement (AI

  • S , what is the recommended course of action?
A File a grievance with the jurisdictional court.
B Submit online feedback on the income tax portal to correct or deny the transaction.
C Ignore it, as AIS has no legal standing.
D Wait for a formal tax notice before acting.
E Deduct the disputed amount from their tax liability directly.
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