CA Bhavesh Panpaliya

You filed your Income Tax Return. Everything looked fine. Then, months—or perhaps years—later, you realise that something was missing. Maybe you forgot to disclose an old foreign bank account. Maybe you owned overseas shares that were never reported in the relevant foreign-asset schedule. Perhaps you returned to India after working abroad and never reported an overseas investment that you acquired while you were a non-resident. The first thought is usually: "Am I in trouble?" In 2026, the...

A decade ago, investing in companies like Apple, Amazon, Microsoft, Tesla, or Nvidia felt like something only large international investors could do. Today, it's different. With international brokerage platforms and Indian investment apps offering access to global markets, thousands of Indian investors now own shares of some of the world's biggest companies. But while buying US stocks has become simple, understanding the tax implications hasn't. Many investors believe that because the...

Imagine earning income in another country. The country where you earned it deducts tax. Later, while filing your Income Tax Return in India, you discover that India also taxes the same income. Your first reaction would probably be: "Am I really supposed to pay tax twice?" Thankfully, in many situations, the answer is no. This is where one of the most important concepts in international taxation comes into play - the Double Taxation Avoidance Agreement (DTAA). If you're an Indian resident...