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/