Schedule fa in itr 2

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.

 

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details