Discrepancies in AIR
This query is : Resolved
13 July 2022
Dear Experts,
Find that entire shareholding for TCS tendered in BuyBack is bifurcated into long term & short term in AIR- annual information report ; and computed as capital gains.
Actually only a fraction of shares got accepted and that too is tax exempt.
How can we report / communicate the discrepancy before filing to get it rectified in their system otherwise it may come up for scrutiny.
Thanks in advance 🙏🏻
Find that entire shareholding for TCS tendered in BuyBack is bifurcated into long term & short term in AIR- annual information report ; and computed as capital gains.
Actually only a fraction of shares got accepted and that too is tax exempt.
How can we report / communicate the discrepancy before filing to get it rectified in their system otherwise it may come up for scrutiny.
Thanks in advance 🙏🏻
Dhirajlal Rambhia
(Expert)
13 July 2022
You can submit feedback in AIS. Refer User Guide in the Compliance Portal's Resources section for more information.
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