Reporting sale value mismatch for share transaction
This query is : Resolved
Quick Summary
12 August 2025
Dear Experts,
The assessee has sold certain shares under compulsory delivery mechanism as the call sold by him closed out of the money. The price that he sold and closing price of the same on the last day of settlement is different. The AIS shows closing price of the share which is almost 5% higher than the strike price at which it was settled on the last day of settlement.
There is no option to flag it in the AIS for this mismatch. It does not have the option to mention that the price captured by system is wrong. Should I go for information partly incorrect and submit the response and file the return with the real settlement value?
Please suggest.
The assessee has sold certain shares under compulsory delivery mechanism as the call sold by him closed out of the money. The price that he sold and closing price of the same on the last day of settlement is different. The AIS shows closing price of the share which is almost 5% higher than the strike price at which it was settled on the last day of settlement.
There is no option to flag it in the AIS for this mismatch. It does not have the option to mention that the price captured by system is wrong. Should I go for information partly incorrect and submit the response and file the return with the real settlement value?
Please suggest.
12 August 2025
Yes. You should have contract note of the settlement as proof.
12 August 2025
Thank you Sir. But feedback on AIS portal stating that the information is partly correct is a must, right?
13 August 2025
Yes. A better option as the figures vary.
23 September 2025
Good luck....
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