I am trying to complete Schedule 112A for LTCG/Loss. This has column 1(a)- Share/unit acquired.
What data is to be entered here when where is also Column (3) -Name of the share/unit ?
M. Sreehari (Retired Professor) (77 Points)
10 August 2021I am trying to complete Schedule 112A for LTCG/Loss. This has column 1(a)- Share/unit acquired.
What data is to be entered here when where is also Column (3) -Name of the share/unit ?
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 10 August 2021
M. Sreehari
(Retired Professor)
(77 Points)
Replied 10 August 2021
I am not able to see how this is appropriate answer because for LTCG what is important is the information on No. of shares sold and this is to be entered in another column,
veerendar singh
(tax consultant)
(3301 Points)
Replied 10 August 2021
M. Sreehari
(Retired Professor)
(77 Points)
Replied 10 August 2021
Thanks to both Sourav and Veerendar Singh. It appears the Schedule that I downloaded from ITR utility with ITR-2 is faulty because it does not mention the number of shares/units but both of you are suggesting the same answer , namely the number of shares/units. I will try downloading it again. At this rate I don't know what more surprises/troubles this new utility is going to create before I can say done with it.
CMA Poornima Madhava
(CMA)
(13112 Points)
Replied 10 August 2021
Originally posted by : M. Sreehari | ||
I am trying to complete Schedule 112A for LTCG/Loss. This has column 1(a)- Share/unit acquired. What data is to be entered here when where is also Column (3) -Name of the share/unit ? |
Share/Unit acquired is the date of purchase of the security. If you have purchased it on/before 31st Jan 2018, select the first option else select the second option.
M. Sreehari
(Retired Professor)
(77 Points)
Replied 10 August 2021
Thank you, Madam. I figured out that I was downloading the Schedule 112A before entering the data. A little while ago I realized that I have to click another button to enter data wherein that clarity was available as you rightly said. Thanks again.
Nguyễn Thuỷ
(2 Points)
Replied 07 September 2023
I realized I was obtaining the Schedule 112A prior to entering the information. A little while ago I recognized that I have to click another button to enter data wherein that clarity was available as you rightly said