I can see from my account that I bought the Tata Tech at 813 average. The issue came at 500, but my icicidirect account is showing the buy at 813, the actual price.
Now, if you correct the price to 84.5, on sale, the correct price would be reflected. Your profit would be more and the tax would rise slightly.
I would rather show the correct price and bear the loss in tax.
In fact opposite happened with me. My buy of Rel Ret was approx 2.5 lakh. Reliance bought them back at 130000, leaving me no alternative.
To my shock I discovered that this 1.30 lakh was shown as income and TDS deducted. My CA has corrected. I have realised that I would rather pay a CA than bang my head against these things.
| Subscribe To Our Free Newsletter |
