Monday, July 8, 2024

Reporting foreign income in income tax return: How to report foreign income, equity share in ITR form

Reporting foreign income in ITR: Individuals who have assets and income from overseas sources are mandated to utilize either ITR 2 or ITR 3 forms when filing their tax returns. This is because Schedule FA, which is specifically designed for reporting foreign assets and income, can be found in these forms.

from Tax-Wealth-Economic Times https://ift.tt/OlQSMB4

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