28 July 2023
I work in India office of a USA company. I get company's stocks on monthly vesting basis. For example, 10 shares were vested in November 2022. Out of that 3.12 are withheld in USA for taxation purpose. In the payslip, monetary value of 10 shares is taken as perquisites. Credit of monetary value of 3.12 shares is given in the payslip. I have gone from CA to CA in my town to get guidance regarding filling of Table A3 of Schedule FA, but couldn't get any guidance. Please help me, I am really exhausted. Please guide me how to fill every column of Table A3 of Schedule FA so that I do not make mistake. I will be immensely grateful.
29 July 2023
In case of initial investment give 0 value as it's allotted in November 22 only. Peak value and closing value give value of 10 shares converted into Rs on the value of exchange on the date of allotment (November 22). Total purchase value same for 10 shares. Sale value 0 .
CAclubindia
