Problem related to unlisted shares' PAN No.
Reporting of unlisted equity shares: PAN may be defaulted when unavailable; reporting required though figures are non-computational.
CBDT clarified ITR filing for AY 2019-20: PAN of a delisted-turned-unlisted company should be furnished if available; where PAN cannot be obtained, taxpayers may enter the default value "NNNNN0000N". Details of unlisted equity holdings must be reported in specified cases (including gifted or inherited shares, stock-in-trade, and foreign unlisted shares reported in Schedule FA), and quantitative entries for these holdings are for reporting only and do not alter income computation. (AI Summary)
We all welcome CBDT's decision for extending last date of ITR filing
Now we urge CBDT to revisit it's decision to file ITR with unlisted shares' holding list showing PAN No. of concerned Co.
Please understand small senior shareholders difficulty as Company Master Data page of MCA do not contain this PAN detail that's why for we seniors it is a problem.
Besides due to so many reasons we seniors don't know correct position of unlisted co. though we have shares either in physical mode OR in demat mode.
Trust CBDT will provide relaxation on this point understanding practical difficulty as explained above.
G D Binani
Bikaner
7976870397
Income Tax