Itr-3
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 July 2012
Hi,
A husband, wife and their daughter hold a foreign bank account jointly. All of them are resident for the Income Tax purpose. They have USD 6 lakhs as the peak balance in the account out of which they claim that it has been equally contributed in the account.
My concern is how do i report this bank account in their respective returns in ITR-3 schedule FA?
A husband, wife and their daughter hold a foreign bank account jointly. All of them are resident for the Income Tax purpose. They have USD 6 lakhs as the peak balance in the account out of which they claim that it has been equally contributed in the account.
My concern is how do i report this bank account in their respective returns in ITR-3 schedule FA?
C.A Anshul Singhal
(Expert)
27 July 2012
yes both are should disclosed FA.
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