Income Tax Dept To Alert 25,000 Taxpayers Over Foreign Assets — Are You On The List?

Income Tax Dept To Alert 25,000 Taxpayers Over Foreign Assets — Are You On The List?

New Delhi: The Income Tax Department is gearing up to send SMS and email alerts to nearly 25,000 individuals who may have not reported their foreign assets in their Income Tax Returns for the Assessment Year 2025–26. These taxpayers have been flagged as high-risk cases based on information received from other countries through international data-sharing…

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