ITR 2026: Why Bank of America, Nvidia, other US stocks bought in early 2026 need not be reported

Under Schedule FA, resident Indian taxpayers are required to report any asset held outside India. They must also report any income from any source outside India and disclose whether they have signing authority over any account located outside India.

Jul 14, 2026 - 22:01
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ITR 2026: Why Bank of America, Nvidia, other US stocks bought in early 2026 need not be reported
Under Schedule FA, resident Indian taxpayers are required to report any asset held outside India. They must also report any income from any source outside India and disclose whether they have signing authority over any account located outside India.

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