This discussion clarifies how to calculate capital gains tax on selling RSUs from an American company. It specifies using the exchange rate on the selling date for both acquisition and selling prices. The conversation also confirms that the CC schedule won't auto-populate and explains that capital gains need to be manually entered into the Capital Gains schedule within the FA & FSI sections of the ITR2. It also advises using the previous day's exchange rate if the last day of the month falls on a holiday.
21 May 2022
1: Which Dollar to Rs conversation rate is to be considered while calculating Capital gain on selling of RSU of American company if Vestng Date is 6 June-22 & selling date is Nov-22 for calculating a) Acquisition Price & b) Selling price for computing CG? 2: Whether CC schedule will be populated automatically if we make entries in FA & FSI regarding Capital gain? 3: if not populated automatically then how & where to enter STCG & LTCG on foreign RSU?
08 June 2022
Whether US broker account 1) where RSU are deposited & 2) broker of INDMoney through which investment done in US stock , details of which are required to furnish in FA schedule of ITR2 under A2?