Schedule FA Every new buy transaction should be treated as a new lot and be reported as new entry.
Table A3 of Schedule FA has exactly one Date of Acquisition field and one Initial Value (FMV) field per row. That’s the form’s actual structure prices in a single entry. If you bought a stock on two different dates at two different prices, blending them into one row means you’re either fabricating a single date that didn’t happen, or averaging/summing values in a way the form was never designed to represent.
IndMoney and Paasa generate Schedule FA reports with one row per transaction each purchase gets its own acquisition date and its own FMV, exactly matching what the form asks for.
ClearTax customer support agreed that this is correct but said you have to enter them manually, transaction by transaction, because collapsing multiple purchases into one row produces incorrect data.
Vested’s tax report, by contrast, is generating consolidated single-row entries per stock — which means the acquisition date and FMV on the document don’t correspond to any transaction you actually made. If you file based on that document, the Date of Acquisition and Initial Value in your ITR are wrong, not approximated, wrong.
This isn’t a choice. It’s a data integrity problem in a document that’s meant to be filing-ready.
I’d like to hear from other Vested users:
- Did your Schedule FA export from Vested show one row per stock, or one row per transaction?
- Has anyone filed using Vested’s consolidated version and had it questioned?
- Has Vested given any explanation for why their format differs from IndMoney/Paasa approach?