NRIs who are employed in USA and their earnings in India are only from Fixed Deposit, do they have to fill Sch FSI, Sch TR and Sch FA of ITR2 while e-filing their Income Tax retuns in India
2 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177970 Points)
Replied 28 June 2018
1. Schedule FSI,-
(i) In this Schedule, fill the details of income, which is already included in total income, accruing or arising outside India.
2. Schedule TR, -
(i) In column (c) mention the tax paid outside India on the income declared in Schedule FSI which will be the total tax paid under column (c) of Schedule FSI in respect of each country.
3. Schedule FA,-
(i) This Schedule is to be filled up by a resident assessee. It need not be filled up by a "not ordinarily resident‟ or a "non-resident‟.
Datta Ravi Teja
(Mr.)
(108 Points)
Replied 28 June 2018
Does income tax return of total income below basic exemption, filed after jul 31st attract penalty of ₹1000?
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