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

ITR 718 views 5 replies

 

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)

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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