Simplified Laws Guide to Taxation and Legal Concern Who has to declare Foreign Assets in Indian Tax Returns? The details of Foreign Assets and Income from any sources outside India have to be declared in Indian Income Tax Return (ITR) by Resident Indians only. Non-Resident Indians (NRI)s or OCI Cardholders or Foreigners are not required to report their …
Read More »Should NRI’s declare their foreign assets in their Indian Tax Returns?
