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NSDL and CDSL have not reported sales made on 28th March 2025 in AIS for everyone

Tax queries 867 views 1 replies

All sales made by everyone on 28th March, 2025 have not been reported in the AIS for FY 2024-25  by NSDL and CDSL as they say that these shares were blocked on the 28th but debited on the 2nd of April.

They will report it in the AIS for FY 2025-26 while tax payers will offer it for tax in FY  2024-25.

They seem to want to rewrite the Income tax law and create problems for everyone. 

Is this worth raising with the Department ? I know we can amend the AIS but I think we should get it resolved once and for all. 

 

Replies (1)

Clarification from the Department: Seeking clarification from the tax department on how to treat such transactions for tax purposes.

Amendment to AIS: Amending the AIS to correctly reflect the sales made on March 28th , 2025. 

Issuing guidelines for handling similar transactions in the futue to avoid confusion. 


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