Foreign assets reporting in income tax return
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 July 2016
An indiviual paid application money towards purchase of
shares of foreign Company. Foreign remittance was
effected in Jan'16.
Same was held as application money as on 31/03/2016.
Please advise where to show it on 31/03/2016 regarding
Foreign Assets Clause.
shares of foreign Company. Foreign remittance was
effected in Jan'16.
Same was held as application money as on 31/03/2016.
Please advise where to show it on 31/03/2016 regarding
Foreign Assets Clause.
Amol S Joglekar
(Expert)
28 July 2016
In ITR2 or ITR4 as the case may be : Fill the details in the
sheet TR_FA......D. Details of any other capital asset held
sheet TR_FA......D. Details of any other capital asset held
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