A AN ASSESSEE HAS RECD RS. 700000 AS SALE OF UNLISYED SHARES FORM X A DEALER IN SHARES.
TDS OF UNDER SEC 194 Q HAS BEEN DEDUCTED UNDER THE HEAD SALE OF GOODS AND MENTIONED AS BUSINESS RECEIPTS HIS ANNUAL INFORMATION (AIS)WHICH A HAS CORRECTED IN AIS AS CAPITAL RECEIPTS . CAPITAL RECEIPTS MEANS CAPITAL GAINS ON SALE OF SUCH SHARES WHICH IS INCORRECT IN FACT SHOULD HAVE BEEN INFORMATION IS NOT CORRECT. ONE OF THE OTHER OPTION AVAILABLE IN THE AIS
HE HAS FILED HIS INCOMETAX RETURNS FOR THE A.Y.2024-25. SHOWING THE AMOUNT UNDER THE HEAD CAPITAL GAINS MENTIONED IN AIS AS GROSS RECEIPTS RS.70000 COST OF ACQUISTION RS. 30000 CAPITAL GAINS OF 40000 HE HAD RECD AND A NOTICE FOR MODIFY AIS AND WHEN HE TRIES TO MODIFY IT SHOWS AN ERROR MESSAGE STATING NO UPDATE HAS BEEN DONE ON THE INFORMATION SOURCE//LAST MODIFIED PLEASEUPDATE RELEVANTATTRIBUTESTO SUBMIT RELEVANT FEEDBACK IS THERE ANY OPTION TO CORRECT THE FEED BACK IN AIS AFTER THE INTIMATION OT THE RETURN IS SENT.OR WHEN AN APPEAL FOR THE SAME IS DONE. OR IS THERE ANY OTHER OPTION FOR THE CORRECTION
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