Declaration of asset or income located outside India
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....nically in Form 1 to the income-tax authority such that the aggregate value of undisclosed income and undisclosed assets declared under section 133 (Table: Sl. No 1) shall not exceed Rs. 1 crore and the aggregate value of undisclosed assets declared under section 133 (Table: Sl. No 2) shall not exceed Rs. 5 crore. (2) For the purposes of sub-section (3) of section 134 of the Act, where the fair....
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....026); Foreign income earned in FY 2019-20: Rs.25 lakh Rs.80 lakh Rs.1 crore Eligible to declare 2 Asset + Income Foreign property (Asset) acquired in FY 2020-21: Rs.90 lakh (value on 31.03.2026); Foreign income earned in FY 2018-19: Rs.30 lakh Rs.1.20 crore Rs.1 crore Not eligible to declare 3 Income + Income Foreign income earned in FY 2017-18: Rs.40 lakh....
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