banner_ad

High value Share transaction mismatch in AIS

Tax queries 513 views 2 replies

Hi I applied total quantity of listed shares in tender route buy back in last FY then all debited first in cdsl then credit back remaining non selected shares but now in AIS consider these transactions as total sell value & buy value in cdsl data but in my broker tax p&l it doesn't consider as sale. Now i get high value transaction sms alert, but i shown buy back gains as exempt income in ITR now what should i select feedback in high value transaction response 1) income is not taxable or 2) transfer not in d nature of sale which one is correct? please reply one of d above answer,today last day for feedback.

Replies (2)
This needs to be seen for proper reply.

please visit a professional or you can connect with me via inbox.
I agree with Sharath Chandra sir

Rgds
CA. Raj Doshi
R C D & Co.
Chartered Accountants
Kandivali West,Mumbai


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details