RSU Reporting - Schedule FA and Capital Gains

Schedule FA (A3) entries: For RSUs, you typically report the details of the shares in Schedule FA. You should show two separte entries for the 8 shares sold and the 12 shares held at year-end beause they have different tax implications (one sold, one held). 

Initial value: For perquisite taxation in Form 16 the company used FMV (160 dollers) with TTBR. So , the initial value for tax purposes would be based on 160 dollers.

Peak value calculation: For peak value, you calculate it separately for sold and held shares. For the 8 shares sold, peak value would be based on the sale price (18) (8x178) + (12 x 185) dollers for peak value seems to be consdiering broker price for sold shares and a year-end value for held shares. 

Capital gain for sell -to-cover shares: For the 8 sell-to-cover shares, 

capital gain = 140. This should be reported in schedule CG as STCG (Short-Term Capital Gain), correct. 

Thank you very much for your detailed response earlier. I was able to file my ITR successfully based on your guidance.  

I also wanted to share an observation from discussions with a few friends. In my case, since I declared the short-term capital gains arising from the sell-to-cover shares in Schedule FA, it resulted in an additional tax liability of around ₹4,000. I was comfortable paying this as part of accurate compliance.  

However, three of my friends mentioned that their respective tax preparers did not report these sell-to-cover shares in Schedule FA, nor did they disclose the corresponding STCG. The reasoning provided to them was that since the shares were deducted upfront to cover taxes at the time of vesting, they need not be reported again.  

May I request your guidance on whether such an approach is an accepted interpretation among some practitioners, or if omitting these disclosures would generally be considered a compliance gap?

Thank you very much for your detailed response earlier. I was able to file my ITR successfully based on your guidance.  

I also wanted to share an observation from discussions with a few friends. In my case, since I declared the short-term capital gains arising from the sell-to-cover shares in Schedule FA, it resulted in an additional tax liability of around ₹4,000. I was comfortable paying this as part of accurate compliance.  

However, three of my friends mentioned that their respective tax preparers did not report these sell-to-cover shares in Schedule FA, nor did they disclose the corresponding STCG. The reasoning provided to them was that since the shares were deducted upfront to cover taxes at the time of vesting, they need not be reported again.  

May I request your guidance on whether such an approach is an accepted interpretation among some practitioners, or if omitting these disclosures would generally be considered a compliance gap?