A user sold bonus shares that their broker classified as a long-term transaction. However, the AIS (Annual Information Statement) displayed it as a short-term sale. The user filed their tax return based on the long-term classification shown in their P&L. They are now seeking advice on whether to update their AIS to reflect a disagreement, given that their return has already been processed.
30 March 2022
Dear Sir, As per the broker the bonus shares sold by me is a long term transaction whereas in AIS the same is displayed as a short term sale. Before filing return I checked the dates displayed in P&L and accordingly taken it as LT sale . Return processed already Should I need to give feedback in AIS and show a disagreement in this case