Dear Experts & Friends,
Greetings of the day!!!
Hihglighting the point for consideration, require assistance on the following issue:
FACTS OF THE CASE
A Company already holding 18% shares as on 31-03-2013 has increased its shareholding to 21% as at 31-03-2014 by purchasing 3% say for instanace in January 2014.
Both the Companies are Domestic Companies.
Transaction for each month amounts to s.Rs.2.5 crore p.m.
1) Transactions for what time period are required to be reported
(a) Full Previous year April '13 to March '14
(b) For the period Jan '14 to March '14.
Views with some specific reference and interpretations most appreciated.