Add Foreign Assets & Income in Your ITR
Автор: CA Gunjan Hirani
Загружено: 2024-06-14
Просмотров: 2194
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Don't Risk Your ₹10 Lakh! Add Foreign Assets to Your ITR Now
Failing to declare foreign assets in your income tax return can lead to a substantial penalty of up to ₹10 lakhs. To avoid this hefty fine, ensure you include all foreign assets when filing your ITR. This includes bank accounts, properties, and investments abroad.
Staying compliant with tax regulations not only prevents financial penalties but also maintains your financial integrity. Be proactive in reporting your foreign assets to avoid severe repercussions and ensure a smooth tax filing process. It's crucial to stay informed and diligent to avoid these significant fines.
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