Undisclosed asset located outside India: foreign-held assets reportable when source is unexplained or explanation deemed unsatisfactory. An Undisclosed Asset Located Outside India is an asset outside India (including financial interests) held in the assessee's name or where he is beneficial ... Summary
Undisclosed asset located outside India: foreign-held assets reportable when source is unexplained or explanation deemed unsatisfactory.
An Undisclosed Asset Located Outside India is an asset outside India (including financial interests) held in the assessee's name or where he is beneficial owner, and for which the assessee has no explanation of the source of investment or the Assessing Officer finds the explanation unsatisfactory.
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