Short Term Capital gain on shares bought and sold after 2018 onwards
This query is : Resolved
03 July 2026
Sir,
Usually Figure of Equity Shares and their values differ as shown in AIS and that shown in Broker's statements. This may happen because of many reasons of data mismatch .
If figures are different then P&L will also be different.
Under this situation , query;
1. Can we consider only Broker's statement of Capital Gain as prime source ,for reporting Capital Gain on shares by uploading broker statement with ITR filing in Schedule of CG and ignoring figures of AIS.
2 Can we ignore giving "Option " input information against each entry in AIS, because of large nos of transaction.
3. Is any reconciliation is compulsory or Optional ( as data is voluminous )
Pls guide pointwise what is right approach. Thankyou.
Usually Figure of Equity Shares and their values differ as shown in AIS and that shown in Broker's statements. This may happen because of many reasons of data mismatch .
If figures are different then P&L will also be different.
Under this situation , query;
1. Can we consider only Broker's statement of Capital Gain as prime source ,for reporting Capital Gain on shares by uploading broker statement with ITR filing in Schedule of CG and ignoring figures of AIS.
2 Can we ignore giving "Option " input information against each entry in AIS, because of large nos of transaction.
3. Is any reconciliation is compulsory or Optional ( as data is voluminous )
Pls guide pointwise what is right approach. Thankyou.
03 July 2026
1. Generally broker's statement is more authentic/ reliable. You can file ITR based on that. If any thing in AISA is missing, you can ignore.
2. If AIS has any thing extra than the Filed ITR figures, you must file feedback for the particular entries only. Need not file full feedback.
3. Reconciliation based on actual figures is mandatory, otherwise query would be raised.
2. If AIS has any thing extra than the Filed ITR figures, you must file feedback for the particular entries only. Need not file full feedback.
3. Reconciliation based on actual figures is mandatory, otherwise query would be raised.
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03 July 2026
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