Off Market Shares purchase cost in AIS

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141 Points Posted on 17 June 2022

I bought few shares through IPO and subsequently sold them but AIS shows it as Off market Buy and the cost as  Zero, only showing the Sales details.

How to show the IPO allotment price in AIS under which option or it should be shown in ITR while filing?

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On 17 June 2022 at 12:00 Report
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Quick Summary
This discussion addresses how to correctly report IPO share purchases in your AIS (Annual Information Statement) when they appear as 'off-market buys' with a zero cost. The consensus is that you do not need to edit the AIS itself. Instead, you should ensure the correct IPO allotment price is reported in your Income Tax Return (ITR) when filing.

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Chartered Accountant
44487 Points Posted on 18 June 2022
No need to show anything in AIS. Just show purchase price in Income Tax Return.
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On 18 June 2022 at 04:40
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141 Points Posted on 18 June 2022

Thank you for the advice

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On 18 June 2022 at 08:12
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Chartered Accountant
44487 Points Posted on 18 June 2022
Welcome.... My Pleasure ....
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On 18 June 2022 at 23:44
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24 Points Posted on 30 July 2024

Same happening with me, IPO cost of Aquisition is zero(0) in my ITR. Do I need to edit using feedback option or just file my ITR with true values ? Please tell me !!!

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On 30 July 2024 at 15:54

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