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Failed to disclose your foreign assets in your IT returns? The tax department will come calling

If you are a tax resident of India and have foreign assets, remember to disclose them in your income tax returns. Recently, a taxpayer learnt this the hard way after a penalty of Rs 30 lakh was imposed on her for failure to do so. In a conversation with Moneycontrol, Preeti Sharma, Partner, Global Employer Services at BDO India talks about how to disclose your foreign assets and how to rectify past non-reporting or misreporting of such assets.

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Almost 7 crore income tax returns filed till Sep 5, says govt

As many as 6.98 crore income tax returns (ITRs) have been filed till September 5, out of which 6.84 ITRs have been verified for the assessment year 2023-24, the government said on Tuesday.

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Rights of poor looted in era of scams & corruption before 2014: PM Modi at MP Rozgar Mela | India News

India News: "The citizens of the country cannot forget the days before 2014 when there were rampant scams and corruption. Rights of the poor were looted before 20

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MP Poverty Sparks Debate: PM Modi Says 13 5 Cr Moved Above BPL, Few Hours After Sibal Calls State As Largest Contributor Of Poverty

MP Poverty Sparks Debate: PM Modi Says 13 5 Cr Moved Above BPL, Few Hours After Sibal Calls State As Largest Contributor Of Poverty
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

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Rogzar Mela: PM Modi in MP: Era of scams & corruption before 2014, rights of poor looted | India News

India News: "The citizens of the country cannot forget the days before 2014 when there were rampant scams and corruption. Rights of the poor were looted before 20

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