High value Share transaction mismatch in AIS

Tax queries 270 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)
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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


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