Shareholder details in ITR-3 for Income above Rs. 50 lacs

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This query is : Resolved

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This discussion clarifies the requirement for shareholder details in ITR-3 for individuals earning over Rs. 50 lacs, particularly directors in unlisted private limited companies. It confirms that providing details such as the number and amount of shares held is indeed mandatory for unlisted companies, even beyond the basic director information.

DIVYESH JAIN

DIVYESH JAIN (Querist)
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24 September 2021 Dear Sir,

I am filing ITR-3 of a person who is a Director in a Pvt. Ltd. company which is unlisted and earns more than Rs. 50 lacs as Salary income from the company.

My query is that apart from Director details which is to be filled in ITR is it mandatory to fill the shareholder details also like number of shares held in that company, amount of shares, etc.

Please help resolve my query.

Regards,
Divyesh Jain