Capital gain on shares
This query is : Open
Rajendra Patwardhan
(Querist)
17 June 2018
Hi,
One of my client has earned gains from sell of equity shares in short term and reinvested the same to purchase more shares which are yet unsold. But don't want to show the gains earned in ITR. Is there any way from which I can confirm that such income was earned by the assessee since it was not reflected in Format AS nor in bank accounts.
One of my client has earned gains from sell of equity shares in short term and reinvested the same to purchase more shares which are yet unsold. But don't want to show the gains earned in ITR. Is there any way from which I can confirm that such income was earned by the assessee since it was not reflected in Format AS nor in bank accounts.
Ashiwini Ballodia
(Expert)
17 June 2018
I think this is not the right platform to talk about this thing you should take help of a tax consultant.
But one thing I want to say that PAN Number is given in demat account
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