Schedule FA Treatment for acquistion

ankur (CA) (23 Points)

12 July 2024  

If one holds a US listed shares as part of ESPP program and have been duely reflected in ITR2 in previous years as part of Schedule FA , In current year the same company is acquired resulting in 2 following payouts

1. Cash Dividend  for every 0.5 shares held on acquistion date.

2. Share of Acquiring company in the ration of 0.5 for every one share post 1st point.

How will these 2 be reflected in this years itr Schedule FA A3 Columns 

 

Initial value of the investment



8
Peak value of investment during the Period


9
Closing balance




10
Total gross amount paid/credited with respect to the holding during the period

11
Total gross proceeds from sale or redemption of investment during the period

12
         

 

TYA