Simplified Laws Guide to Taxation and Legal Concern Who has to declare Assets and Liabilities held in India in the Income Tax Return? Those taxpayers including salaried employees (i.e., Residents or Resident Not Ordinary Residents or Non-Residents) whose total income (after all deductions) in India exceeds Rs.50 Lakhs have to mandatorily disclose the details of movable and immovable …
Read More »Should NRIs declare their Assets and Liabilities held in India in the Income Tax Return?
