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Is NRI required to disclose his foreign assets in income tax return?

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Certainly, and it’s not as complicated as it seems. Here’s a simple and straightforward guide to help you understand what needs to be disclosed: When Should You Disclose Foreign Assets? Resident and Ordinarily Resident (ROR): If you're classified as an ROR under Section 6 of the Income Tax Act, 1961, you must disclose your worldwide assets and income in your Income Tax Return (ITR... https://lawcrust.com/

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