Can reporting foreign stocks as per calendar year create discrepancy while claiming TCS, TDS return?
The current assessment year is the first time ITR forms categorically asked for foreign stocks disclosures until 31 December.
Source: livemint.com
Stay updated with breaking news from Schedule Foreign Assets. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The current assessment year is the first time ITR forms categorically asked for foreign stocks disclosures until 31 December.
He employer only takes care of the tax liability via TDS at the time of vesting. Any tax liability for dividend received and capital gains at the time of sale should be dispensed by the employee via advance tax payment.
If you are holding unlisted shares of any company, then the details of these shares are to be disclosed in your ITR filing.