Schedule FA Reporting: Query on AED to INR Exchange Rate Source

[Chirag Mehta]

Dear Respected Members,

I am in the process of completing Schedule FA in my Income Tax Return and need to convert my foreign investment values from AED to INR.

Could you please guide me to the official source for the exchange rate required for converting the Opening Balance, Peak Value, and Closing Balance of the investment?

Thank you for your assistance.

[CA Mohit Garg]

Please use this link - https://www.xe.com/

Thanks & Regards

CA Mohit Garg 

FCA, FAFD, Peer Reviewer, AICA, B. Com

Managing Partner

Mobile No: +91-9136368582

Email Id: camohi...@gmail.com

 

NPMG & CO.

Chartered Accountants

Address: Office No 9, First Floor, Shri Parasnath Jain Complex,

Opp. Nangloi Metro Station, Nangloi, New Delhi - 110041

Contact No: +91 9999779727

Email Id: npmg...@gmail.com

Website: www.npmg.in

Google Review Link: https://g.page/r/CTXSA3FeGj92EBM/review

Linkedin NPMG : https://www.linkedin.com/company/npmh/

 

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