28 July 2017
IT HAS BEEN CLARIFIED THAT FOREIGN BANK ACCOUNT DETAILS NEED TO BE GIVEN BY NON RESIDENTS AND NOT ORDINARY RESIDENTS IN CASE OF REFUNDS ELSE IT IS NOT A COMPULSION.
1.WHAT ABOUT FOREIGN ASSETS OF A NON ORDINARY RESIDENT IN INDIA. IS IT TO BE DECLARED COMPULSORILY OR VOLUNTARILY WHILE FILLING ITR. 2.IF A NON ORDINARY RESIDENT HAS A RENTAL INCOME FROM FOREIGN PROPERTY WHICH IS BEING PAID IN A FOREIGN COUNTRY ACCOUNT ,WHICH IS NOT TAXABLE IN INDIA(CORRECT ME IF I AM WRONG),DOES IT NEEDS TO BE DISCLOSED IN ITR ALSO.