Foreign account details in schedule fa itr2

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 August 2015 Hi, I stayed abroad for few months. My status is resident. I ve shown the salary details in schedule fsi. My salary was credited in foreign account. Will tax be applicable on the peak balance filled in section 'A' of schedule FA. The intrest accured was nil. What will be filled in columns 9 - 12

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 August 2015 Peak balance is for disclosure purpose. You should include your foreign salary and any other income in the respective schedule and also in FSI. No interest fill nil in those column.