@laks , while generally agreeing with @DaveF1006 that the final amount of taxes imposed by India on Calendar year 2024 sale of capital asset will not be available till after end of India 24/25 ta year,
1. If you want to recognize this foreign tax imposed /allocatde to 2024 sale , you can ONLY report this on 2024 US tax return ---- therefore either :
(a) use an educated guess ( based on past experience or actual TDS ) for original and then file an amended return when the final amount is known OR
(b) request an extension and file US return ONLKY after the India return has been finalized. Note that in this case your filing date is extended but not the paying date of tax liabilities or else face interest & possible penalty charges.
Hope this clears up all issues .
Is there more I can do for you ?
pk
