Choose correct income tax returns to report foreign assets: CBDT – Times of India

Choose correct income tax returns to report foreign assets: CBDT – Times of India

NEW DELHI: As many as two lakh income tax returns (ITRs) containing details of foreign assets and income have been filed during the current assessment year till now, according to the tax department. The shares obtained and income earned by resident tax Indians from their employers through employee stock options should also be disclosed to the I-T Department by filling foreign assets.Agencies




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