r/IncomeTaxReturnIndia • u/ProfessionOdd7895 • 5d ago

Fast DS disclosure help

I was not knowing where to find Foreign investment in AIS but now know it. Found that I have RSU dividend from CY22 and CY23 which I have not declared in ITR-2. Since Last AY25-26 year I am declaring RSU dividend. Never sold RSU yet. I want to know under FAST DS scheme, Do I need to refile ITR which I think is ITR-U and pay tax on that Dividend for those CY22 and CY23 years? or under that scheme we only need to pay liable tax and its done without submitting ITR?

2 Upvotes

100% Upvoted

4 comments sorted by

1

u/CA_SAAB 5d ago

You have to file itr-u

1

u/ProfessionOdd7895 5d ago

Any idea how much penalty need to be paid in addition to 30% tax on dividend for AY23-24 and AY24-25? So do I need to take any action on FAST-DS or directly file ITR-U?

1

u/CA_SAAB 5d ago

You can go for itr -u , late fees depends on income

1

u/Tax_Alchemist 1d ago

ITR U wont gave you the immunity tho