Share Market Transactions: AIS ➡️ Pre-filled ITR
📌 THE KEY CHANGE
Earlier:
AIS → Transaction Data → Manual Capital Gain Computation → ITR
TY 2026-27:
SFT Data → Pre-filled ITR → Verify & Correct → File
Till now:
Purchase & Sale transactions of Shares & Mutual Funds were reflected in AIS.
Taxpayers had to independently prepare Capital Gain computation using broker reports and then report it in the ITR.
From Tax Year (TY) 2026-27:
🟢 Share market transaction data will be used for pre-filling the ITR, following the new SFT-2517 & SFT-2518 framework notified on 10 September 2026.
Relevant Notifications:
🔹 Notification No. 1/2026 – SFT-2517 for Depository Transactions
🔹 Notification No. 2/2026 – SFT-2518 for Mutual Fund Transactions
Both were dated 10 September 2026.
🔹 What will be pre-filled?
✅ STCG & LTCG → Capital Gains
✅ Intraday & F&O → PGBP
✅ Dividend → Other Sources (already pre-filled; no change)
🔑 FIFO Method Matters
FIFO-based matching will help determine the holding period and capital-gain classification.
✏️ Pre-filled ≠ Final
The pre-filled figures will remain editable. Taxpayers should verify and correct the data using their broker statements and actual records before filing.
⚠️ Special caution for traders: Certain business transactions may potentially be classified incorrectly in the pre-filled data. Therefore, traders should carefully verify the pre-filled information before filing ITR.
#Tax #ITR #CapitalGains
@theicai@theWIRC@MCA21India@ICMAICMA@timesofindia@icsi_cs@PMOIndia@SunilTalati
@CharanJotsinghnanda
#CA@NIRC#SIRC#WIRC#EIRC#NIRC#CIRC@narendramodi
@mangesh_kinare
@PiyushGoyal@IndiaCAG@ICMAICMA@ICAIWOFA@IFAC@SAFA_net@FollowCII@ASSOCHAM4India@ficci_india@CPAcom@AICPA@AniketTalati@CJSNanda@mhiregange@atulguptagst@RajeshSharmaBJP
Attn C A Members,
Representation submitted to MCA on the subject of Resignation of the Elected Council Member of ICAI, CA Madhukar N. Hiregange- Blr , & the concerns raised by him
Respectful Requests for Action-
I have taken up the matter with the Ministry of Corporate Affairs requesting them to kindly consider the following steps:
• Halt the Notification:
--Direct ICAI to defer the official gazette notification regarding the resignation of CA Madhukar N. Hiregange until the underlying governance & financial concerns raised are objectively examined by MCA identified experts.
• Examine Documented Communications:
--Arrange an objective examination of the alleged 50+ internal communications sent by the resigning member, along with any responses or actions taken by the Institute's executives & Council, Incliding 8 GoI Nominees to ICAI CC (examination to be conducted by MCA identified experts).
• Evaluate Financial Oversight Processes:-- Arrange an objective examination about the alleged governance issues, internal controls, and allocation of student funds highlighted by the member, (examination to be conducted by MCA identified experts), and consider introducing direct CAG financial oversight to ensure long-term transparency.
Statutory Ambiguity---
Under Section 13(1) of the Chartered Accountants Act, 1949, a Council member's seat becomes vacant when the resignation is notified in the Official Gazette. However, the CA Act and its underlying Regulations do not appear to contain explicit operational provisions detailing how a resignation is processed, accepted, or formally withdrawn prior to such gazette notification. Given this statutory ambiguity, the intervention & administrative guidance of the Ministry of Corporate Affairs (MCA) are respectfully requested so that the resignation process is not concluded before the underlying matters / concerns raised by the resigning member, get appropriately reviewed.
The representation is submitted with the sole objective of protecting & further strengthening the confidence of members, students, & the public in the functioning of the Institute and with the utmost respect for ICAI.
I would like to know views of
C A Members.
Shashikant Barve
Pune, 26/08/2026
Hey @amazonpay , please train your support staff better. It's frustrating when they can't resolve simple issues. Expecting more from a brand like Amazon. #DoBetter#CustomerSuppo
Delay in release of ITR Utilities is a regular feature of @incometaxindia, reducing the statutorily available time limit of compliance substantially. @caas_org has represented to @nsitharaman & @PMOIndia on this matter.
Read full letter here: https://t.co/5OEkajKmhK
Even after passage of almost a year, the MCA portal has not coped up, but the ministry is still ignorant of the fact of ill functioning portal of LLP & still in deep sleep, while only focusing on the Companies Portal
Read full representation here: https://t.co/i8TLQh41Z4
@HPSupport i need case id number for complain register via mobile no 9016781180 for hp monitor model HP M24fwa. Complain register in this week. Need urgent solution on this.
@AxisBankSupport@AxisBank very bad service at branch and also at online customer care service.see your competitor where they are and where r u?.Unnecessary harrasment to customer due to your system failure.