Need clarification on Schedule AIR

ITR 1595 views 3 replies

hello members,

Greetings !

Please help to clarify the following doubt

On ITR2 form , schedule AIR , code 005 mentions" payment made by you of an amount of one lakh rupees or more for acquiring shares issued by the company". Does this mean the shares acquired through IPO  only or shares bought in the secondary market or both ?

 

Thanks

Josh

Replies (3)

1 LAKHS OR MORE SHARES OF IPO ONLY.

Thanks Hemlata for the information.

Regards

Josh

Schedule AIR Sr. No. 6, Code No. 006. We are suppossed to enter total value of property purchased/booked or actual paid amount as per construction progress in that financial year. Please respond urgently by return email.


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