I am working in India for a US based MNC. I receive RSU and also enrolled for ESPP and I have neither sold RSU nor ESPP received. I have couple of queries regarding Schedule FA of ITR2.
1) Do I need to show RSU and ESPP in FA section?
2) In which section of Schedule FA of ITR-2 form for FY 2018-19 should the following information be reported.
- A3 - Details of Foreign Equity and Debt Interest held(including any beneficial interest) in any entity
- B - Details of Financial Interest in any Entity held(including any beneficial interset)
- D - Details of any other Capital Asset held(including any beneficial interest)
3) Incase it is section D,
- For RSU what will be value of column - "Total Investment(at cost) in rupees". For 100 units, I received only 70 units and remaining 30 were tax with holded. Do I need to show it as a) 100 * dollar price on vesting date * per share value on vested date or b) 70 * dollar price on vesting date* per share value on vested date
- For ESPP, - grant price was $x and FVM(fair value market) on purchase date was $1.5 x. What will be value of above column - "Total Investment(at cost) in rupees". Will it be a) Total shares * 1.5x * dollar price on purchase date b) Total shares * x * dollar price on purchase date c) Total shares * (1.5x - x ) * dollar price on purchase date [only gain for these shares as per on purchase date - as this is the only value shown in perquisite column in my form 16]
Please help me in filling ITR form properly
CAclubindia
