Add Schedule Foreign Assets
If you own foreign assets such as stocks, property, jewelry, or bank accounts outside India, you're required to disclose them in your Income Tax Return under Schedule FA (Foreign Assets).
Steps to add Schedule FA:
- Go to File > Additional Details

- Navigate to Personal Assets & Liabilities > Add Personal Assets

- Select Type of Asset > Foreign

- Fill in the required asset details and click Save.
Need Help?
Raise a ticket to get in touch with us.
Related Articles
Add Personal Assets and Liabilities
If your total income exceeds ₹1 crore, you're required to report your personal assets and liabilities while filing your income tax return. This helps the Income tax department assess your financial position more accurately. Web Mobile Web Steps to ...
Claim Depreciation on Fixed Assets
Claiming depreciation allows businesses to reduce their taxable income by accounting for the gradual reduction in value of fixed assets over time due to wear and tear or obsolescence. Why Claim Depreciation? Depreciation is a non-cash expense that ...
Claim Tax Relief on Foreign Income
If you have earned income from foreign sources and taxes were withheld in the country where the income was generated, you may be eligible to claim a credit or deduction for those foreign taxes paid. Web Mobile Web Steps to Add Foreign Tax Credits Go ...
Add Income from Sole Proprietorship Business
A sole proprietorship is one of the simplest and most common forms of business. In this structure, the business and the owner are treated as a single entity for tax purposes. If you're earning income through a sole proprietorship, here's how you can ...
Add Income from Intraday and F&O
Intraday and F&O income refers to earnings from trading in stock markets—specifically from intraday trading (buying and selling stocks within the same day) and Futures & Options (F&O) contracts. These are considered speculative (Intraday) or ...