Off Topic But IMPORTANT an URGENT
Experienced campaigners / CAs / Those who have been there, please advise.
The acquisition cost of all my IPO allotted shares sold in FY 2023-24 is shown aa "0" In the AIS.
I tried to submit a feedback as ' Information Not Fully Correct' and was presented with the columns to fill in the information.
I filled the acquisition cost but there were other columns ie:- 'Unit FMV' and 'FMV' These fields too had "0" values.
I obviously didn't buy these shares before January 31 2018 (No fairmarket value grandfathering warranted) as they were recent allotments. So the question is should I leave those two columns (Unit FMV and FMV) as it is = "0"?
Please help as ny CA has no clue and I don't want to kesa up while doing this.
Replies awaited
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