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Schedule FA Filing in India ITR: Foreign Assets Guide

File Schedule FA in India ITR: who must disclose, asset categories, calendar-year values, ITR-2/ITR-3 path, and Form 67 order.

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schedule fa filing india itr

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When must returning NRIs file Schedule FA in India?

Resident and ordinarily resident filers with foreign assets or foreign income generally need Schedule FA in the supported ITR form—not ITR-1/ITR-4. Map bank, brokerage, pension, property, and RSU holdings to the schedule before filing.

Built for: Returning NRIs and residents with US, UK, Canada, UAE, or other foreign accounts.

Proof before action

Residential status for the filing year

Foreign asset inventory with peak values

Matching FSI/TR and Form 67 if claiming credit

Action sequence

  1. 1Confirm ROR status and correct ITR form
  2. 2Build foreign asset workbook
  3. 3File Form 67 before ITR if claiming foreign tax credit

Avoid these mistakes

Common risks for the schedule fa filing india itr move and the control each one needs
RiskControl
Using ITR-1 with foreign brokerageConfirm the rule, document, owner, or deadline before committing.
Missing peak balance on foreign bankConfirm the rule, document, owner, or deadline before committing.
Schedule FA without FSI/TR alignmentConfirm the rule, document, owner, or deadline before committing.

Full guide

Schedule FA After Returning to India: foreign assets, accounts, income, and ITR filing sequence

The high-risk gap is not knowing that a foreign asset exists. It is not knowing which financial year, residency status, ITR form, country, account, and income line controls disclosure.

Read the full guide ->