ITR AY2024-25: CBDT launches campaign for taxpayers to report income from foreign sources

ITR AY2024-25: CBDT launches campaign for taxpayers to report income from foreign sources

Black Money and Income tax return: The CBDT has launched a Compliance-Cum-Awareness Campaign for Assessment Year 2024-25 to support taxpayers in accurately completing Schedule Foreign Assets (Schedule FA) and reporting income from foreign sources (Schedule FSI) in their Income Tax Returns (ITR). Compliance with Schedule FA and FSI is compulsory under the Black Money (Undisclosed … Read more