I’m salaried particular person and have Zerodha fairness supply account and put money into brief time period solely and now i’m going to fill ITR of FY 2021-22 however I’m confused about one factor that what can be my capital acquire.
When i checked the tax p&l assertion of kite app of zerodha then there’s 43,454 brief time period revenue displaying however my CA is calculating capital acquire from AIS assertion of revenue tax web site truly there are two choices given 1. Sale of securities and models of mutual fund 2. Buy of securities and models of mutual fund. He’s subtracting ” Sale of securities and models of mutual fund – Buy of securities and models of mutual fund = capital acquire (79000).
Q1. Which quantity can be capital acquire: 43454 or 79000 ?
Q2. I don’t put money into Mutual Fund then why mutual fund phrase is coming in AIS assertion on IT portal.
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Once you double click on on entries in AIS, it opens up additional and provides you identify of shares/ mutual fund during which you’ve gotten buy or sale transaction. Match these with Zerodha Statements. Minor distinction is there for everybody resulting from completely different calculation methodology adopted by IT Deptt. However atleats identify of shares/mutual Fund ought to match. If names match, you possibly can ignore AIS and file the return as per Zerodha assertion. Whether it is fully completely different then that’s some unsuitable entry .
Many have complained that AIS has incomplete information so dont take that as the only supply.Even TDS is being reported incorrectly.
Z pnl is correct. And you may get comparable information from different brokers / AMC and so forth in the event you commerce there as properly.