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Foreign inward in ITR

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This query is : Resolved

Suresh S. Tejwani (Querist)

15 July 2026 If a foreign individual receives a foreign inward remittance (income received from outside India), where should this be reported in the ITR utility, if at all? If the amount is exempt from tax in India, is there any requirement to disclose it in the ITR? Kindly clarify the relevant schedule/field, if applicable.

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)

16 July 2026 If the foreign individual is a Non-Resident, foreign inward remittance of non-taxable income generally does not need to be declared, though it can be safely disclosed in Schedule EI (Exempt Income) if received directly in an Indian account. If the individual is a Resident (ROR), the income must be declared in Schedule FSI and Schedule EI, and the underlying foreign asset must be reported in Schedule FA.

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