Query Regarding ITR foreign remittance

ITR 254 views 2 replies

Hello ,

Every year I fill ITR-1. my income is less than taxable income.

In 2023 I purchased a software from foreign website of rs 12000. It's showing in 26AS as outward foreign remittance/purchase of foreign currency.

Which ITR should I fill in this case.

Is it necessary to show this transaction in ITR ?

Replies (2)

No. You need not declare the transaction in ITR.

Itr foreign remittance is above 12000


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