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Schedule FSI - How to update capital loss as my 'Income from outside India'?

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Sivakumar

Others

26 Points Posted on 26 October 2021

I have made short term loss with my investment in US shares. I am showing these losses in Part B- TI of ITR-2.

But in Schedule FSI, When I am trying to enter a 'negative' number as Capital Gains under 'Income from outside India', it is not allowing negative number.

Can you pls let me know how I can show loss under 'Income from outside India'?. Thanks for your support.

Replies (3)

Quick Summary

This discussion addresses a common issue when filing ITR-2: how to report capital losses from investments outside India in Schedule FSI. The user found that the form doesn't accept negative numbers for capital gains. The provided solution indicates that if there's a loss, you should enter zero, as losses are not permitted in this specific section.