Schedule FA A3 , when share is not sold , need help

 

I have been allocated

  1. 500 Share of US company  on 1 may 2021
  2. 400 share  of  US company  on 5 june 2022

 

All the 900 share I am holding and not yet sold any share.

 

I think need to declare  Under the Schedule FA A3

Could some expert can suggest what should I write under following collem

 

Peak value of investment Balance during the period

And

Closing value

Replies (5)
Quick Summary
This discussion addresses how to declare unsold US company shares on Schedule FA A3 for tax purposes. The user received two allocations of shares in 2021 and 2022 and needs guidance on reporting peak and closing values. Experts clarify that for AY 2023-24, the reporting period is January 2022 to December 2022, with closing balances as of 31.12.2022. If the shares are from the same company, they can be declared in a single entry as of 31.12.2022, without reflecting 2021 transactions.

Are the shares listed on any exchange? if yes, take the 52-week highest rate. Multiply it with the no. of shares that will be its peak value.

closing value::  the investment value for 900 shares.

thanks sir

Thanks for reply .

it is listed in US.

(A) do need to write two row , one for 2021 and the other for 2022?

(B) 500 Share vested of US company  on 1 may 2021   --->

 should i take pick value between  Jan-21 to Dec-21 or  Jan-22 to Dec-22   ?

and

closing value  Dec-21 or Dec-22 "

pls clearfy.

When you are filing ITR for AY 2023-24.

The values specified in the Schedule FA is for Acc. year Jan 22 to Dec. 22.

The closing balances asked are as on 31.12.2022.

Thanks 

 i am a bit confused, Do I need to add both entries ( for 2021 and 2022) in two rows of Sch FA?   
​​​​​​​if need to write in two-row, then for the 2021 year vested stock, the pick value will be the year 2021 or 2022 

Following r two allocation 

500 Share of US company  on 1 may 2021

400 Share  of  US company  on 5 june 2022

If the shares are of same company, you can declare it in single raw as on 31.12.2022.

No need to reflect any transactions of year 2021.

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