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Income Tax form26AS : aggregate amount is Rs 10 lakh or more in a financial year
If a person buys Shares from a company worth 11lakhs and sells some shares worth 5lakhs in same financial year,then what would be the aggregate amount of shares purchased that would be reflected in 26AS?Below 10lakh or above 10lakh
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The company issuing shares - IPO or FPO or Private Placement or Rights Issue etc shall report Issue shares more than 10 lakhs (in your case 11 lakhs)... 26AS would reflect 11 lakhs. Nothing shall be reported about the sale of shares of 5 lakhs.
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