Get 3 Yrs of CCI Pro Membership at Greater Value. Subscribe Now!

Schedule FA table A2 - what to specify in amount?

1596 views

Save Share

Manoj Kumar

Taxpayer

28 Points Posted on 28 August 2025

Under "Gross amount paid/credited to the account during the period", there is a pair of fields "Nature of amount" and "Amount".

Under "Nature of amount" there are multiple choices, like interest, dividend, sale proceeds, etc.

But there is only one field, we cannot add more than one field.

So if one got dividend on shares and also sold some shares, how would he declare?

Replies (2)

Quick Summary

This discussion addresses how to specify amounts in FA Table A2 when multiple types of income or proceeds are received within the same period. Specifically, it questions how to report both dividends and sale proceeds when there's only one field for 'Nature of amount' and 'Amount'. The advice given is to declare these according to tax law categories, such as 'Income from Other Sources' for dividends and 'Capital Gains' for sale proceeds. If the form doesn't allow separate entries, taxpayers are advised to seek guidance from the tax authority on the correct reporting method.

Rama chary Rachakonda

Master in Accounts & high court Advocate

7021 Points Posted on 28 August 2025

The taxpayer should declae dividends and sale proceeds according to the categories specified in the tax laws (e.g.,"Income from Other Sources" for dividends and "Capital Gains" for sale proceeds). If the form does not allow for separate reporting, the tax payer should look for guidance from the tax authority on how to aggregate or report these amounts correctly.