How to disclose inheritance income by a foreigner who is resident of india

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A foreigner who is resident and ordinarily resident of India got 2 crores of shares and bank balances by way of inheritance from father. Can somebody guide how to disclose these facts in ITR as the ITR does not have appropriate place the fact can be disclosed. As funds received through inheritance is exempt from income tax, we are showing 2 crores under Other Exempt income (including minor child income). Peak balance in bank account and shares are disclosed under other capital asset held outside India in Schedule FA. By disclosing like this, we fear high chances of going under scrutiny. Is there any other way to disclose clearly the facts or to give more clarifications at this stage itself of filing ITR to avoid scrutiny.
Replies (2)
It is capital receipt and can show as gift from father if you want to disclose in ITR. For safety from scrutiny, not show it in ITR as it is your capital receipt & not income. Please also check wether tax as per foreign law paid or not & liabilities comes on transfer or not. Also explain minor child income. If it is also inheritance income, not to show in ITR.

This reply is not acceptable as we have to show foreign assets details and foreign bank balance as per ITR 2. If we are not showing this in ITR, then this offence is a criminal offence. Pl. suggest.


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