HOW TO DISCLOSE THE FCNR INTEREST INCOME IN USD & JPY IN EXEMPT INCOME SCHEDULE. WILL IT BE CONVERTED IN INR AT THE CLOSING CONVERSION RATE AS ON 31ST MAR 2025,IF YES WILL THE CONVERSION RATE BE SOURCED FROM RBI WEBSITE OR ANY OTHER WEBSITE.
OR IS THERE ANY OTHER WAY TO DISCLOSE SUCH INCOME.
PLEASE GUIDE.
Convert it as per SBI TT rates as on 31st March 2025. (generaly available from Github web)
Appreciate your response i had done the conversion based on the av RBI rate from their portal and return has been filed.
Thanks
My pleasure.
CAclubindia
