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Income tax return (ITR) Forms
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Who should file
These individuals should complete the Foreign Asset Schedule in the Income Tax Return (ITR) for Fiscal Year 2024-25 and report all Foreign Assets (FA)/Foreign Source of Income (FSI) if they have foreign bank accounts, assets, or income. The deadline to file an ITR for the fiscal year 2024-25 is July 31, 2024.
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What do the foreign assets (FA) include:
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Resident in India must file these below points under FA/FSI schedule
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What happens if one fails to report in ITR?
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