SALE OF EQUITY ON THE LAST DAY OF THE FY 2024-25 NOT REFLECTING IN AIS

ITR 286 views 8 replies

UPON DOWNLOADING THE AIS FOR THE FY 2024-25 (AY 2025-26) I HAVE NOTICED THAT SALE OF EQUITY TRANSACTION DONE ON STOCK EXCHANGE ON THE LAST TRADING DATE OF THE FY ie. 27TH MARCH 2025 IS NOT REFLECTING IN THE AIS.

MY QUESTION CAN THE AIS BE CALLED FOR RECTIFICATION OR THE TRANSACTION EXECUTED ON THE LAST DATE BE SHOWN IN THE ITR-2 ,IRRESPECTIVE THAT IT IS SHOWN IN AIS OR NOT.

ANY OTHER WAY TO RESOLVE THIS...

PLS GUIDE.

THANKS

Replies (8)

You can write with all details that are not reflected  in AIS , in" FEEDBACK " Section of AIS , and inform them , I think you may get reply also . 

Take more opinion as well. 

Confirm with your trader/agent whether it will reflect in FY 2024-25 or 2025-26????

Or check date of your contract note.....

@ Dhirajlal

Dhirajlal ji Namaskar

Precise and pertinent guidance by you as always.

Warm regards

Contract note is generated on/dated 29th March 2025 for trade transaction done on 28thMarch 2025.

Check your query....

"UPON DOWNLOADING THE AIS FOR THE FY 2024-25 (AY 2025-26) I HAVE NOTICED THAT SALE OF EQUITY TRANSACTION DONE ON STOCK EXCHANGE ON THE LAST TRADING DATE OF THE FY ie. 27TH MARCH 2025 IS NOT REFLECTING IN THE AIS."

If that was last trading date of the year, the trade would be reflecting on next working date....

So, confirm with your agent first.... 

TRADE HAPPENED ON 28TH MAR 2025 , CONTRACT NOTE IS DATED 29TH APRIL 2025 AND STOCK UNITS DEBIT/CREDIT HAPPENED IN THE 1ST WORKING DATE IN APRIL 2025. FINANCIAL DEBIT/CREDIT ALSO HAPPENED IN THE 2ND APRIL 2025 DUE TO EID HOLIDAYS.

HAVE WRITTEN TO THE DP AGENT ON THIS.

MEANWHILE, SINCE THE STOCK TRADES WERE EXECUTED ON 28TH MAR 2025( LAST DATE OF THE FY) SHOULD I BE REPORTING IN THE ITR IN THE FY 2024-25 (AY 2025-26). 

PLS ADVISE.

THANKS

 

When the stocks were debited on next working day of FY 2025-26. The agent will report the transaction in next FY i.e. 2025-26. If you declare it FY 2024-25, it will be accepted in this ITR but for next ITR you will have query from ITD!!!!

Thanks and appreciate your prompt response.

I have written and raised my query with the DP /broker Agent. Ironically, in my wife's AIS, trade transcation done on 28th Mar 2025 are partially reflecting in AIS and the rest is not reflecting.

So this is quite confusing.

Have written to DP/Broker agent and awaiting for their response.

 

 

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register