About shares in ITR

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This discussion clarifies how to declare shares in your Income Tax Return (ITR). It's confirmed that only active shares should be considered when reporting amounts in ITR-2 and Schedule CG, especially when matching figures with AIS and TIS. Unlisted shares are generally declared in Schedule General, while Schedule CG focuses on shares sold during the financial year.

bhavani P

bhavani P (Querist)
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20 July 2024 Dear sir/mam...Total amount of active and inactive shares should be taken in ITR-2 or only active shares amount should be taken???
Please anyone answer me

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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21 July 2024 All sort of Unlisted shares are declared in Schedule General. In Schedule CG, only the shares sold in the year are considered.

bhavani P

bhavani P (Querist)
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21 July 2024 Thankyou sir...but little bit confusion is there...in CG what amount should I give whether active shares or total of active and inactive....
But only active shares total is matched with AIS and TIS

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Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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21 July 2024 Yes, only active shares entries.

bhavani P

bhavani P (Querist)
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21 July 2024 Thankyou sir for the reply

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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21 July 2024 You are welcome.

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