Is it mandatory to disclose wallet transactions and cashback in ITR

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Deal Subedar
royalraj

We all have account is many types of prepaid wallets and related apps. Just a query... Is it mandatory to disclose transactions done via wallets and cashbacks received in ITR ? Do these apps report transactions to IT dept ? Please throw some light please. 

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Just show whatever there in AIS.others not needed.

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Benevolent Benevolent
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Same Doubt Will They Report ?? Following Thread  ,90% Used For Rent Payment And Card Bills...

IMG-20240225-WA0002

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Just show whatever there in AIS.others not needed.

Deal Lieutenant Deal Lieutenant
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Not mandatory 

Pro Community Angel Pro Community Angel
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It's not reported as of now. At backend we don't know if they have some compliance requirement to store such data and share whenever asked for. 

Like Magnet Like Magnet
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transactions done via wallets and cashbacks...images

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Benevolent Benevolent
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for small cashback no need but if its in thousands to lakhs better declare it 

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i think small volume of transactions no issues... but AIS has to be checked regularly.

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