Salary from Qatar in Dollars in India

Save Share

This query is : Resolved

Shaik Abdul Razack (Querist)

30 September 2026 Hi
One of our client is working from India for an Qatar Company, he has received a salary income from Qatar Company in Dollars directly credited to his India Bank account with all details how many dollars received and conversion rate as on date.
He filed the Returns with normal India Salary income for FY 2025 - 2026.
He received an email to report the foreign assets, how he can file the revised returns disclosing his foreign salary income.
Please suggest.
Thanks
Abdul Razack

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)

30 September 2026 To resolve the foreign income/asset compliance notice, file a revised return under Section 139(5) for AY 2026–27 using ITR-2. Disclose the USD salary converted to INR (using SBI TTBR as per Rule 115) in Schedule Salary and Schedule FSI (Country Code 974 for Qatar, tax relief 0). Disclose foreign bank accounts or assets in Schedule FA if any exist overseas; otherwise, correctly reporting the foreign salary in Schedule FSI satisfies the tax department's inquiry. Pay any balance tax liability and e-verify the revised return.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now