Schedule FA (foreign assets) requirement for NRI
Hello experts,
Do NRI tax payers need to file Schedule FA?
Search found 2 matches
- Wed Jul 11, 2012 12:32 am
- Forum: Community Lounge
- Topic: Schedule FA (foreign assets) requirement for RNOR
- Replies: -1
- Views: 16
- Wed Feb 23, 2011 2:37 am
- Forum: TAT Admin Office
- Topic: Foreign Account Tax Compliance Reporting Requirements (FATCA) filing and FBAR
- Replies: -1
- Views: 0
Foreign Account Tax Compliance Reporting Requirements (FATCA) filing and FBAR
I understand the requirement for declaring the income from Interest in India. However I wanted to understand the taxes on rental income earned in India. For instance if one is a US citizen or Green Card holder in USA and getting rental income in India for 1 lacs per month (12 lacs per annum). Paying ...