Form 10E and its revision

Regarding Schedule FA disclosure for RSUs/ESOPs held in foreign brokerage accounts like Fidelity or Morgan Stanley: reporting them under Table A3 (foreign equity shares) and Table A2 (foreign custodial accounts) is mandatory every calendar year (Jan to Dec) even if no shares were vested or sold during the financial year. Omitting them carries a flat penalty under Black Money Act.

Also, calculating individual lot vest dates, SBI TT buying rates on specific valuation dates, and peak balances manually across statements is very prone to error. You can search online for the ITRFA tool—it parses your raw Fidelity/foreign CSV export and automatically creates all exact Table A2 and Table A3 figures ready for ITR-2 filing.

Yes, declaring foreign employer RSUs and ESOPs under Schedule FA in ITR-2 is strictly mandatory under the Black Money Act, even if you sold all shares immediately upon vesting or hold zero balance on December 31st. You must declare Table A3 (equity shares) and Table A2 (custodial broker account like Fidelity or Schwab).

Remember Schedule FA follows the calendar year (January 1 to December 31). Converting historical vest lots using exact SBI TT buying rates manually across statement PDFs takes a lot of time. You can search online for the ITRFA tool—it takes raw Fidelity/Schwab CSV exports and automatically generates all exact Table A2 and Table A3 figures ready to enter in ITR-2.