Galactus Posted January 11, 2021 Report Share Posted January 11, 2021 What are the tax implications for holding these accounts in India or US? How do you report the interest from these accounts if any in ITR filings? Quote Link to comment Share on other sites More sharing options...
snoww Posted January 11, 2021 Report Share Posted January 11, 2021 3 minutes ago, Galactus said: What are the tax implications for holding these accounts in India or US? How do you report the interest from these accounts if any in ITR filings? Majority report seyyaru. Quote Link to comment Share on other sites More sharing options...
Galactus Posted January 11, 2021 Author Report Share Posted January 11, 2021 4 minutes ago, snoww said: Majority report seyyaru. I want to report ba , honest batch ikkada Quote Link to comment Share on other sites More sharing options...
ForEverJava Posted January 11, 2021 Report Share Posted January 11, 2021 2 minutes ago, Galactus said: I want to report ba , honest batch ikkada Use FBAR ..only i think if income in india certain limit 10000$(not sure exact limit) ..just check with your CPA 1 Quote Link to comment Share on other sites More sharing options...
Galactus Posted January 11, 2021 Author Report Share Posted January 11, 2021 Just now, ForEverJava said: Use FBAR ..only i think if income in india certain limit 10000$(not sure exact limit) ..just check with your CPA oh ok , thanks Quote Link to comment Share on other sites More sharing options...
Smartboy_Bakra Posted January 11, 2021 Report Share Posted January 11, 2021 Does not matter income. Holdings report cheyyadaaniki fbar. 8 yrs nunchi reporting ikkada Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.