Which bank accounts to declare on ITR forms

J S BHAVSAR (CONSULTING) (1288 Points)

14 July 2015  

In India we have several types of bank accounts that an individual can open and hold.

Eg

a) Current

b) Savings

c) NRO

d) NRE

e) FCNR (Foreign Currency Non-Resident)

f) RFC (Resident Foreign Currency)

 

For Assessment Year 2015-16, ITR form requires provide bank account details. What type of accounts should be declared from the above list? The ITR form only provides dropdown with CURRENT and SAVINGS options to choose from. So does it mean one should declare only those types of accounts and not declare NRE, NRO, RFC etc?

Please help.