Blogs

"I have a bank account in the UAE from my years working there. I moved back to India three years ago. I never mentioned it in my ITR because there was no income in it. My CA just told me I may have a serious problem. How?" This conversation happens more than most people expect. And the problem is not always about earning foreign income secretly - sometimes it is simply not knowing that disclosure is mandatory even when income is zero, even when the account is dormant, and eve