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The Economic Times
The Economic Times
Business
Neelanjit Das

Invested in foreign shares? Know how to file ITR with ‘relevant accounting period’ for reporting foreign assets in Schedule FA?

If you have invested in foreign stocks, mutual funds, or own any foreign assets, you need to declare this in your Indian Income Tax Return (ITR) under Schedule FA or FSI. July 31, 2026 is the deadline to file Income Tax Return (ITR) for students, pensioners, salaried individuals and other taxpayers who don't need to undergo a tax audit. For the Tax Year, the due date is July 31, 2027. Keep in mind that while ITR forms follow a calendar year format for reporting foreign assets, this might not apply in other countries like Australia or Costa Rica.

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