Does only Deposit and withdrawal in trading app wallet gets reported to IT department?

[dino]

Hii everyone...if i deposit money (let's say 50k) in 'x' trading app wallet and withdraw the same money back in my bank account without taking any trade.
Will that 'x' trading app... report these transactions to IT department?

Note:- I have full kyc account with 'x' trading app. So, they have my pan number and all necessary details.

If you have any knowledge about this....kindly share with us too.

Thank you 🙂

 

[Indian]

Without buying any securities, what would they report to IT? X trading app is just a platform

 

[dino]

Without buying any securities, what would they report to IT? X trading app is just a

Without buying any securities, what would they report to IT? X trading app is just a platform

Bro.. actually by mistake i added 100k instead 10k.... that's why i am asking this question here....hope in future koi issue na ho !!

 

[Indian]

Try to avoid such big amount in one shot, I don’t think the x wallet report mere load and unload the wallet to NSDL or CSDL