A focused tool for one annoying job: turning Fidelity NetBenefits exports into a correct Schedule FA for your Indian tax return.
Indian residents (ROR) who hold US employer stock — RSUs, ESPP, or a Fidelity brokerage account — must disclose those holdings every year in Schedule FA of ITR-2 / ITR-3. Doing it by hand means reconciling per-lot acquisition dates, applying the right SBI TTBR exchange rate on each exact date under Rule 115, computing peak and Dec 31 closing balances for the calendar year, and splitting everything across Table A2, A3 and F. It is slow and easy to get wrong — and the penalties under the Black Money Act, 2015 are severe. ITRFA.in automates the arithmetic so you can file accurately in minutes.
ITRFA.in is built and operated by Layback Labs, an independent software studio. We built this after going through the same Schedule FA filing ourselves and finding no tool that handled Fidelity exports correctly. It is actively maintained for each assessment year. Reach us any time at laybacklabs@gmail.com.
We are not a chartered accountancy firm and this tool is not tax, legal or financial advice. We are not affiliated with, endorsed by, or connected to Fidelity Investments or the Income Tax Department of India. The tool computes values from the data you provide; you remain responsible for the accuracy of your return. For anything beyond Schedule FA arithmetic, consult a chartered accountant.
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