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SHARES IN PRIVATE LIMITED COMPANY

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RAJA P M

"Do the Right Thing...!!!"

128157 Points Posted on 21 December 2022

Dear Experts,

I have some shares in a Pvt Ltd Company. I will file my ITR.

So, What can I do about this Shares...?

Can i show the share details in ITR...? (under ITR-3 --> "Whether you have held unlisted equity shares at any time during the previous year?" )

Please reply as soon as possible.

Thanks & Regards

Replies (3)

Quick Summary

This discussion addresses how to declare shares held in a private limited company when filing an Income Tax Return (ITR). The key question is whether these unlisted equity shares need to be disclosed in the ITR-3 form. The consensus is that yes, these shares must be reported, particularly if they were held during the previous financial year.