Related to FA & FSI schedule


This query is : Resolved 

Quick Summary
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?

21 May 2022 1 Consider rate prevailing on the selling date.
2 It will not populate automatically.
3 you have to fill capital gains schedule.

26 May 2022 If the last day of month is holiday and if SBI TT buy rates are not available then which rate is to be considered for conversion?

26 May 2022 Consider previous day rates.

26 May 2022 Thanks a lot sir for your prompt reply

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?


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