25 July 2017
one of my friend is non resident gone abroad for an employment. Is it required to report his income abroad in schedule FSI in ITR form while filing income tax return?
As per sec. 9 of income tax act, global income of NR is not taxable in India.
plz advise.
28 July 2017
FSI is to be filled in case of claiming double taxation relief. If your friend is NOT claiming tax relief, then no need to fill FSI. And the schedule itself is the documentary evidence that FSI is required to be filled only in the case of claiming tax relief.
CAclubindia
