if a person is having shares in usa. then in FA SCHDULE WE HAVE TO SHOW THAT shares. but during last year he is having some share and same shares are reflecting in this yr itr FA schedule by itself. then how to reflect this yr shares and whether last yr shares are to be removed if they are sold or not.
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Quick Summary
This discussion addresses how to correctly report foreign assets, specifically US shares, in the FA schedule of an Income Tax Return (ITR). It clarifies whether shares held in the previous year that automatically reflect in the current year's schedule need to be removed if sold. The query also seeks guidance on accurately reflecting this year's shareholdings.