22 July 2017
Mr X is not an Indian citizen though he is an ordinary resident in India for FY 2016-17 due to his employment purpose. He has his own cars and residential property outside India but he doesn't earn any income outside India. He has earned salary of Rs. 1.2 crores in India & thus he is required to file ITR 2 for FY 2016-17 (AY 2017-18). His wife and child does not earn any income from India and are not Indian citizens.
Is he required to fill following schedules of ITR 2-- 1. In sheet SPI-SI-IF, Schedule SPI : in nature of wife & minor child income 2. In sheet TR_FA, Schedule FA : in nature of foreign assets 3. Schedule AL : assets and liabilities (both current & fixed)
22 July 2017
1. Only if the Income of spouse or child has to be clubbed with Mr. X's income. In other words, the income earned by spouse or minor child on their individual capacity and skill and which can be assessed in their hands, needn't be reported here