In case of A2 section in schedule FA, Do I need to consider shares from previous year as well for the declaration of peak and closing balance? For example: for FY 2023-24, let's say I have 10 shares before January 2023. I haven't sold these shares. Do I need to consider these shares as well for the calculation for peak and closing balance between January 2023 to December 2023? Or I need to consider transactions that happened between January 2023 to December 2023 only?
1 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177852 Points)
Replied 12 July 2024
You have to consider total as existing in the account as on 31.03.2024
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