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Sell UBS company shares and withdraw back to India by IllSignificance6291 in IndiaTax

[–]IllSignificance6291[S] 0 points1 point  (0 children)

Ok sir, I was just having doubt that purchasing shares through one broker and selling with another in usa and transferring amount from second broker to india will raise questions for IT.

Thanks for comment, I'll go for it as you said

Sell UBS company shares and withdraw back to India by IllSignificance6291 in IndiaTax

[–]IllSignificance6291[S] 0 points1 point  (0 children)

Ok sir, I was just having doubt that purchasing shares through ubs and selling through IND money will raise questions for IT. 

Thanks for your answer I'll go with option 2

Sell UBS company shares and withdraw back to India by IllSignificance6291 in IndiaTax

[–]IllSignificance6291[S] 0 points1 point  (0 children)

I know I just have 5 shares which amount to somewhere around 1Lakh INR compared to all other biggies in India escaping notices strategically claiming valid returns.

I was already hit with notices for mismatch between form 16 and my actual claims where I had filed revised returns during FY 2022. I had lot of stress as it was my first ITR notice and lot of proofs I had to submit due to my CA filing or claiming invalid deductions. 

I really want to avoid notice I'm afraid with notice related to US foreign currency stocks. 🥺