Off Market Credit Transactions of unit of equity oriented mutual fund (RTA)


This query is : Resolved 

Quick Summary
An individual noticed an 'off market credit transaction' for units of an equity-oriented mutual fund on their Annual Information Statement (AIS) with a zero consideration value. They are seeking clarification on the income tax implications as they did not sell these units. Advice was given to file feedback on the AIS as the transaction does not pertain to them.

03 July 2023 "Value of off market credit transactions of unit of equity oriented mutual fund (RTA)" appears on my AIS. Transferor name is mine. Consideration Value is 0 and the status is active. I haven't sold this. What are the income tax implications?

03 July 2023 Though value is zero, you can file 'feedback' as the transaction does not pertain to you.

04 July 2023 Thank you very much Mr. Dhirajlal Rambhia. Much appreciated.

04 July 2023 You are welcome.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
11 August 2026
Manager / Senior Manager - Statutory Audit

CommerceCareer

New Delhi

CA

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

Jain Ankit and Co

Gurgaon

CA Inter

View Details
Company
14 August 2026
Article Assistant CA Articleship

Eshwar & Co Chartered Accountants - Nungambakkam

Chennai

CA Inter

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
11 August 2026
Chartered Accountant

Aviv Global Pvt Ltd

Ahmedabad

CA

View Details
Company
06 August 2026
Sr accounts executive, Asst Manager

JAMNA AUTO INDUSTRIES LTD

Jamshedpur

CA Inter

View Details
Company
Featured 06 August 2026
Junior Accounting Associate

Prish Consultancy LLP

New Delhi

B.Com

View Details
Company
14 August 2026
Semi Qualified

Goyanka & Associates

New Delhi

CA Inter

View Details