Hi,
Can some one please explain whether the below details need to be disclosed in case of Non resident return (ITR 2)-
- Details of NRE account- will this account be considered Indian account or foreign account?
- Details of salary abroad?- Form ITR 2 says to fill the details of any foreign account, foreign income, etc in case of resident only and to fill schedule FA (details of foreign income, accounts ) etc.
- Details of foreign bank accounts/abroad assets?
- Also should schedule FSI (income from outside India and Tax relief) needs to be filled in case of NRI return? I understand this should be filled only in case of resident whose global income is to be taxed in India and not NRI.
I understand that a NRI return should include only the details of the income in India and not the foreign income, is this correct interpretation?
Thanks,
Tejas Shah