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
CA R SEETHARAMAN
(Expert)
27 August 2015
Use ITR 2 See schedule FSI and TR.
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Amol S Joglekar
(Expert)
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
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