I have the below entry in AIS related to purchase of securities, should this be ignored? Purchase does not mean tax is applicable on it.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(166589 Points)
Replied 25 July 2023
Yes, you are correct. But you should know the source of funds, so in case of any query you can justify it.
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