I have held shares of a company during the previous year, which are listed in a recognized stock exchange outside India. Whether I am required to report the requisite details against the column 'Whether you have held unlisted equity shares at any time during the previous year?
FAQs in respect of filling-up of the Income-tax return forms for Assessment Year 2022-23
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Unlisted equity share reporting: holdings on a foreign recognized stock exchange need not be declared under that column. Holdings of equity shares listed on a recognized stock exchange outside India are not to be reported under the ITR column asking whether you have held unlisted equity shares during the previous year; foreign-listed shareholdings do not qualify as 'unlisted equity' for that reporting field.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Unlisted equity share reporting: holdings on a foreign recognized stock exchange need not be declared under that column.
Holdings of equity shares listed on a recognized stock exchange outside India are not to be reported under the ITR column asking whether you have held unlisted equity shares during the previous year; foreign-listed shareholdings do not qualify as "unlisted equity" for that reporting field.
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