In Schedule FA, Table A1 "Details of Foreign Depository Accounts held (including any beneficial interest) at any time during the relevant accounting period)", does the "Peak Balance During the Year Period (in rupees) ", and "Closing Balance" refer to the cash balance in the depository account, or does it also refer to the value of shares held in the depository account (which anyways would have been declared in Table D of the same schedule)?
Table D has "Details of any other Capital Asset held (including any beneficial interest) at any time during the relevant accounting period". So, it would have all of the shares that I had in my foreign demat account with the purchase value of each.
Hence, I wanted to know, whether I should fill only cash balance, or value of shares as well in "Peak Balance During the Year Period (in rupees) ", and "Closing Balance" in Table A1 of Schedule FA.
Sri Aurobindo Gnostic Centre of Education
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O P Bagla & Co LLP
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