Applicability of schedule FA for salary earned from foreign employer

For salary earned in India from foreign employer, Schedule FSI needs to be filled. But need clarity regarding applicability of Schedule FA-Foreign assets.

Client doesn't have any bank account in foreign country. Entire salary is credited to Indian bank account. Hence there is no foreign asset that needs to be reported. But Schedule FA has a line item "G- Details of any other income derived from any source outside India"

Will salary income fall under this category G? Is Schedule FA applicable in this specific case?

 

Replies (1)

No, Not applicable; as there is no 'other income' except Salary, which is already declared.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
20 July 2026
Senior GST Executive

Chandak Agarwal & Co

Mumbai

Graduate (Any)

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Company
23 July 2026
CA Inter

Vikram Jadhav and Company

Pune

CA Inter

View Details
Company
14 July 2026
Senior Executive/ Manager

H S SHARMA AND CO

Pune

CA Final

View Details
Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details