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

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Certainly! It's not as overwhelming as it may initially seem. Here's a simplified guide to help you understand what needs to be disclosed: When to 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 are required to disclose all your global assets and income in your Income Tax Return (ITR)... https://lawcrust.com/

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