High value transaction of equity shares

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150 Points Joined March 2018
Client received an intimation that he has some transactions of sale of equity shares reported by nsdl and as per client these transactions pertains to their day to day trading what should he do for this. Any suggestion
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On 29 March 2022 at 22:47 Report
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CFO- at NHTF
58280 Points Joined August 2012
If ITR is already filed then submit a response through compliance portal
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On 30 March 2022 at 06:43
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28118 Points Joined May 2017
Itr is generally filed after the end of the relevant assessment year.
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On 30 March 2022 at 08:57
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Chartered Accountant
5010 Points Joined March 2020

Ensure that his Income Tax return can justify those high-value transactions. 

IF the client has missed those transactions then file the revised income tax return before 31st March 2022 to save from future litigations. 

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On 30 March 2022 at 11:54
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1236 Points Joined March 2019
File revised ITR before deadline after including the share transaction
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On 30 March 2022 at 13:37
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CFO- at NHTF
58280 Points Joined August 2012
Since ITR is already filed , submit a response stating that all details correct
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On 30 March 2022 at 14:31


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