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income tax return with foreign income
how should i calculate the foreign salary into Indian rupees for filing income tax return in ITR 2?
Replies (5)
The salary income earned in foreign currency would have to be converted into rupees using the SBI TT buying rate as on the last day of the month immediately preceding the month in which the salary is due or is paid.
thank u sir
whatever amount (duly converted) credited every month to your bank account Will be salary
Even if I earn the income for 15days in march 2019 in US dollars.. i have to take the sbi tt buying rate of feb 2019
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