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…
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In the AIS, in the sale of equity shares,(Depository) in AIS, in all IPOs against the sale, it is indicated that purchase is offline and cost of acquisition is 0. Since one may have sold a Lot in many goes, there are multiple entries. There are many such shares in IPO. should one flag of correction in each of these entries which may run into thousands which does not look feasible. It will meaning mapping a large portion of broker report into the AIS. Basic clarity needed if AIS data is used by Tax authorities to calculate CG or is…
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security sale transcations (depositary) in AIS