It’s not as complex as it might initially seem. Here’s a simplified guide to help you navigate the process: When Should You Disclose Foreign Assets? Resident and Ordinarily Resident (ROR): If you are classified as an ROR under Section 6 of the Income Tax Act, 1961, you are required to disclose your worldwide income and assets in your Income Tax Return (ITR), even if the income is... https://lawcrust.com/