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Tag: foreign assets in itr

Income Tax department identifies cases of non-disclosure of foreign assets in ITRs

Posted on November 27, 2025 By admin
Income Tax department identifies cases of non-disclosure of foreign assets in ITRs

Representational image of a taxpayer filing returns | Photo Credit: Getty Images The Income Tax department on Thursday (November 27, 2025) said it has identified “high-risk” cases where individuals have not reported foreign assets in the income tax returns (ITRs) filed for Assessment Year (AY) 2025-26. The Department will start sending SMS and emails to…

Read More “Income Tax department identifies cases of non-disclosure of foreign assets in ITRs” »

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