https://www.taxtmi.com/news?id=28101 CBDT has launched a Compliance Cum Awareness Campaign urging resident taxpayers to accurately disclose foreign assets and foreign source income by completing Schedule FA and Schedule FSI. The campaign leverages information from CRS and FATCA to identify potential non disclosures and will send targeted SMS/email reminders to filers. The guidance summarises required fields, asset categories, currency conversion rules, beneficial owner definitions, cross referencing to ITR heads and Form 67, and the opportunity to file a revised return to correct omissions and claim foreign tax relief. en-us Sat, 16 Nov 2024 12:44:30 +0530 Thu, 12 Dec 2024 10:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=28101 CBDT has launched a Compliance Cum Awareness Campaign urging resident taxpayers to accurately disclose foreign assets and foreign source income by completing Schedule FA and Schedule FSI. The campaign leverages information from CRS and FATCA to identify potential non disclosures and will send targeted SMS/email reminders to filers. The guidance summarises required fields, asset categories, currency conversion rules, beneficial owner definitions, cross referencing to ITR heads and Form 67, and the opportunity to file a revised return to correct omissions and claim foreign tax relief. News - Sat, 16 Nov 2024 12:44:30 +0530 https://www.taxtmi.com/news?id=28101