₹29,208-crore foreign assets declared after CBDT crackdown on undisclosed income
The CBDT reviewed the income tax returns (ITRs) of 24,678 taxpayers where foreign assets and income were suspected of being undisclosed, after which 5,483 taxpayers filed belated returns for AY2024-25, collectively declaring foreign assets worth ₹29,208 crore and foreign income of ₹1,089.88 crore.
The CBDT reviewed the income tax returns (ITRs) of 24,678 taxpayers where foreign assets and income were suspected of being undisclosed, after which 5,483 taxpayers filed belated returns for AY2024-25, collectively declaring foreign assets worth ₹29,208 crore and foreign income of ₹1,089.88 crore.
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