The details of all the holders of a beneficial interest in the shares of 5% or more as at the end of the year of assessment should be submitted.
However, the ITR14 incorrectly requires at least one entry to be made irrespective of whether or not there is a beneficial interest holding of 5% or more. This error will be fixed soon. In the meantime, kindly insert a “1” in the relevant field, and then complete the demographic and other details of (any) one of the holders of a beneficial interest in the shares.
