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Reporting Foreign Dividend Income in ITR OS/SI Schedules

This query is : Resolved 

20 January 2025 Hi,

Getting contradicting suggestions on how to report Foreign Dividend Income on ITR Schedules OS and SI.

One method is to also report Foreign Dividend Income in Schedule OS under Income chargeable at Special Rate as well as report Quaterly Breakup of Dividends under chargeable at DTAA and on the Schedule SI input the Tax credit amount; while the other method is to not report it under Income chargeable at Special Rate and club Foreign Dividends with India Dividends to have them taxed at Normal rate in the quarterly breakup section of OS too.

Appreciate feedback on the appropriate method to report.

Thanks!

21 January 2025 First option is correct one.


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