Home |Tax returns filing | I hold foreign assets during the previous year which have been duly reported in the Schedule FA. Whether I am required to report such foreign asset again in the Schedule AL (if applicable)?

I hold foreign assets during the previous year which have been duly reported in the Schedule FA. Whether I am required to report such foreign asset again in the Schedule AL (if applicable)?

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Manjima Manjima
Answered on February 10,2020

Yes. It is applicable to report such foreign asset againist Shedule AL.

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