Foreign tax credit - which form should be used for e-filing?
This query is : Resolved
27 August 2015
Hi friends one of my friends moved to Australia, last December. He was continuing with the Indian company where he was working earlier.
In his Form 16 there is a deduction from total tax payable shown as 'Foreign Tax Credit' and the total tax payable is NIL after such deduction. When I entered the details in ITR 1, I couldnt see any column shown for deduction of Foreign Tax Credit form the Tax payable. Kindly let me know which form should be used or how can I file such details. Regards
In his Form 16 there is a deduction from total tax payable shown as 'Foreign Tax Credit' and the total tax payable is NIL after such deduction. When I entered the details in ITR 1, I couldnt see any column shown for deduction of Foreign Tax Credit form the Tax payable. Kindly let me know which form should be used or how can I file such details. Regards
27 August 2015
Use ITR 2 See schedule FSI and TR.
Message likes :
1 times
27 August 2015
file ITR2 or ITR 2A as the case may be and show it in schedule SI...(Special Income) for itr 2A and achwedule SI and FSI for ITR 2
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation of fixed assets- coop housing society in mumbai
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- TDS on Consultancy- Non DTAA
- Eway bill generation from place other than registeted
- GST rate and HSN code for sale of racing horses
- Condonation . E-Verification of last year return .
- TDS Return Q1 FY 2026-27
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- DIN reactivation
- Management System (IMS)
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
