| Question And Answer | |
|---|---|
| Subject: | security sale transcations (depositary) in AIS |
| Category: | Income-Tax |
| Querist: | Rajan |
| Answered by: | Reply of the Expert is awaited; |
| Tags: | AIS |
| Date: | July 15, 2024 |
In the sale of equity shares,(DEPO) in AIS, in all IPOs against the sale, it is indicated that cost of acquisition is zero. Since I have a sold a HNI Lot in many batches, there are multiple entries. For all the IPO allotments and also in cases where it is not able to catch old price, the volume of entries is huge. Do I have to correct CG in ITR. If IT authorities see CG from sale transaction of AIR it may by 3-4 times of the actual CG. Is there need for me to attempt correcting the acquisition price or this is not needed.
Reply of the Expert is awaited. Please check back later
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