Foreign Account Disclosure

I stayed for 143 days in India in last financial year and then came to US as a part of work assignment from my company. Prior to coming here I was in India for more than 5 years. Current I have salary accounts in US , do I need to declare them while filing returns in India.
Asked 1 year ago in Income Tax from Chandigarh, Chandigarh
yes
Shyam Sunder Modani
CA, Hyderabad
1183 Answers
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The disclosure of foreign account transactions is mandatory only for Residents.
B Vijaya Kumar
CA, Hyderabad
454 Answers
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Since you are not a resident during last financial year, you may not disclose foreign account.
Vijay N. Kale
CA, Hyderabad
248 Answers
4.9 on 5.0
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