Wrong Information on BuyBack of a Share in AIS

Income Tax Income from Capital Gains
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1

I have participted in buyback of BAJAJ AUTO, but it is not accepted. the share is in my dmat account only it has been debited and credited back on the same day. But in AIS under “Sale of securities and units of mutual fund” it is presented as Sold. What should I do?

2

Hi @karthik1

Please check and let me know if there is a corresponding entry under the head “Purchase of Securities/Mutual Fund” in your AIS.

1 Like
3

thanks for the reply @garg.pulkit131,
I tried to check that details but I could not able to see the stocks under that section. Its only displaying the following details. Unable to click on it also.

Screenshot 2024-07-14 at 3.33.32 PM
Screenshot 2024-07-14 at 3.33.32 PM3030×582 43.5 KB

4

Hi @karthik1 Please connect with me on instagram @fintaxsnippets

5

This has always been the case which we have been experiencing since past few years now. Also out of the many Companies Buyback of shares offered and accepted very few are shown with description of buyback most are shown with Sale of securities and that too the entire amount tendered and not only the ones accepted

1 Like
6

Thanks for the reply @RoPar, what can be done in this case? Should I report it as wrong in feedback section and can file my ITR without adding this information?

7

Hi @karthik1

I want to ask just one question, like what is the sale amount reflecting and the amount of purchases in your portal?

You can also connect me over WhatsApp 9999616874

8

What to do in situations like this?

9

Please connect with me on instagram @fintaxsnippets or whatsapp @8265860757

Thanks.