https://www.taxtmi.com/article/detailed?id=8744 CBDT Circular No.26/2019 requires unlisted companies (Schedule SH-1) and start-ups (Schedule SH-2) to report shareholders' details including name, a "date of allotment" (to be entered as date of transfer for transferred shares), face value, issue price, amount received and PAN (or prescribed default codes). The author criticises using transfer date as allotment date and the prescribed method for reporting face value, issue price and amount received, noting inconsistencies with MCA annual return timing, corporate restructurings, partly paid shares, and the special treatment of start-ups and PAN placeholders, which will force reconciliation and risk disputes. en-us Fri, 27 Sep 2019 16:52:04 +0530 Wed, 11 Feb 2026 15:58:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8744 CBDT Circular No.26/2019 requires unlisted companies (Schedule SH-1) and start-ups (Schedule SH-2) to report shareholders' details including name, a "date of allotment" (to be entered as date of transfer for transferred shares), face value, issue price, amount received and PAN (or prescribed default codes). The author criticises using transfer date as allotment date and the prescribed method for reporting face value, issue price and amount received, noting inconsistencies with MCA annual return timing, corporate restructurings, partly paid shares, and the special treatment of start-ups and PAN placeholders, which will force reconciliation and risk disputes. Articles Income Tax Fri, 27 Sep 2019 16:52:04 +0530 https://www.taxtmi.com/article/detailed?id=8744