23 July 2023
I am an individual, resident of India. I have main income from interest of fixed deposits. I also have a small amount of income as a freelancer staying and earning from home in India, of around Rs. 10000 every year. Should the income from freelancing be reported under Schedule FSI? I am not claiming relief for taxes paid in India.
23 July 2023
No need. Schedule FSI and Schedule TR are two sections in ITR-2 that need to be filled only if an individual has paid taxes on foreign income and is claiming tax relief against that in India.
CAclubindia
