How to post amount recd from NSE against claim for 21 Maruti Shares trapped in Karvy Scam

This query is : Resolved

rajendra rao (Querist)
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20 November 2021 21 shares of Maruti purchased for Rs 175328.15 between 5/4/2018 and 10/01/19 through Karvy Stockbroking Hyderabad which were unauthorisedly moved by them to their pool a/c and later SEBI banned M/S Karvy stockbroking. Complaint was lodjed with SEBI and NSE.Later an online claim was lodjed with NSE for Rs 175328 with requisite proof which resulted in payment of Rs 145804 .This amount was directly credited to investor's bank a/c.Thus a loss of Rs 29524 suffered by investor against which an appeal was lodged with NSE which remains pending.Now where and how this receipt of 145804 is to be shown and loss of 29524 to be carried forward.Since no regular trade occurred I cannot show it in STT paid securities u/s112A in ITR 2.Where and how to show it as off market sale in ITR 2 and book long term capital loss and whether this is correct way to deal with the problem.
Kindly guide and oblige.
Thanks
P R Rao

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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21 November 2021 Till the appeal is pending, you need not settle the issue in books. After the finalization of issue, you may treat it as off market sell, and book the loss.

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