Is sending fall semester transcripts beneficial even if grades show a downtrend? I received my undergraduate transcript with the fall semester grades a week back; I was wondering whether I should use it over an old transcript for my application to grad school in the US (top 10 in physics).

Reasons for sending old transcript (latest: spring grades from junior year):


Spring semester showed good grades.
Higher CGPA (+0.05 on a scale of 10.0).
Subsequent fall semester shows a downturn in grades (-0.7 on a scale of 10.0).


Reason for sending new transcript (latest: fall grades from senior year):


Shows advanced physics and math courses; I have talked a bit about these courses and a project in my Statement of Purpose. 


One reason for the less than ideal performance in the fall semester is taking a lot of theory courses; however, I have not "explained" this in my SOP as there aren't any failing grades (or really poor performance).

Does the choice between the two transcripts really matter or am I overthinking this? If it matters, I am an international applicant from India.

P.S. I have completed the essential courses earlier so that is not a factor to be considered.

Edit: As pointed in a comment below, this question is not a duplicate as my grades are quite good (sorry for not mentioning this in the original post).
You should include the latest transcript.  The reason is simple: that is now your true transcript, and replaces the prior transcript.  If you don't include the most recent grades, then the universities where you are applying may wonder why: did you have terrible grades? Were you not attending classes at all?

Your current transcript is your transcript.  Just include it, and don't play games about it.