Schedule fa in itr 2

2805 views 4 replies

A non resident has fixed asets abroad. Is it mandatory for him to fill schedule FA in ITR 2 or can he file form ITR 2A directly?

Replies (4)

Dear Sir

 

ITR 2A is applicable to only Assessees not having Income from PGBP and Capital Gain and don't hold foreign assets.

You need to file ITR 2 becouse you have foreign assets as you mentioned above.

Thanks for your reply The excel utility has a hidden row at number 209 When we paste those rows in another excel file we will be able to see that row. There it was written that that schedule is not applicable for non residents. Please clarify.

ITR2 will be the correct form for Assessment Year 2015-16.

ITR2A is wrong for this year onwards. What may have happened is that IT department software engineers copied the the previous year's ITR2 form and created ITR2A by hiding some rows related to FA.

 

Originally posted by : krishna
A non resident has fixed asets abroad. Is it mandatory for him to fill schedule FA in ITR 2 or can he file form ITR 2A directly?

Sir

I have seen this in Schedule FA in the java utiluty of ITR-2

In case of an individual, not being an Indian citizen, who is in India on a business, employment or student visa, an asset acquired during any previous year in which he was non-resident is not mandatory to be reported in this schedule if no income is derived from that asset during the current previous year.

 

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details