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Rs. 5,000×Or equivalent in US $ FORM NO. . JADHAV INSTITUTE OF TECHNOLOGY & SCIENCE, GWALIOR (M.P.) (A Government aided Autonomous institute, under R.G.P.V., Bhopal) Race Course Road, Goal Key
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Start by gathering all necessary documents and information. This may include transcripts, certificates, or any other proof of education or qualifications.
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Equivalent in US refers to reporting foreign financial accounts to the Internal Revenue Service (IRS) using Form 8938.
US taxpayers, including US citizens, resident aliens, and certain nonresident aliens, who have an interest in specified foreign financial assets and meet the reporting threshold are required to file Form 8938.
Form 8938 should be filled out electronically and submitted to the IRS along with your tax return. Detailed instructions on how to fill out the form can be found on the IRS website.
The purpose of Form 8938 is to report foreign financial accounts and other specified foreign financial assets to help prevent tax evasion.
Form 8938 requires taxpayers to report information such as the maximum value of specified foreign financial assets, the types of assets held, and information about the foreign financial institution where the accounts are held.
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