SALE OF SHARES AND TREATMENT FO SHORT TERM OR LONG TERM IN AIS


This query is : Resolved 

Quick Summary
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

30 March 2022 Return processed no need to give any feedback in such a case.

30 March 2022 Thank you very much Sir.


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