Foreign Asset Disclosure in ITR Kya Hota Hai? How to Make it Compliant?
How to declare & disclose Foreign Asset? In this video, we explain what Foreign Asset Disclosure (FAD) means under Indian income tax laws and why it is extremely important to report foreign assets correctly in your ITR. You’ll understand who is required to disclose foreign assets, what types of assets fall under disclosure, and how Schedule FA works in ITR forms like ITR-2 and ITR-3. Stay Compliant from here: https://taap.it/YGEQBr2 The video also covers the serious consequences of non-disclosure, including heavy penalties and possible prosecution under the Black Money Act. We break down the background and importance of foreign asset reporting and share practical tips to make the disclosure process simple, compliant, and hassle-free, especially for salaried individuals, NRIs, and global investors. More videos: Types of GST Returns: • How Many Types of GST Returns? GST Returns... How to Track Your Income Tax Return: • How to Track Your Income Tax Refund Status... 00:00 Introduction 00:31 क्यों Foreign Income/Assets Disclose करना ज़रूरी है 01:03 Schedule FA क्या है और किन Assets पर लागू होता है 01:38 किसको Schedule FA भरना अनिवार्य है (Resident / Non-Resident) 02:12 Schedule FA में कौन-कौन सी Details भरनी होती हैं 02:45 Foreign Assets Disclosure से मिलने वाले Key Benefits (Transparency, Black Money Control, DTAA Relief) 03:16 Foreign Shares के Dividend को ITR में कहाँ दिखाएँ और Tax Credit कैसे लें 03:49 किस-किस Resident / Beneficial Owner / Signatory को Schedule FA भरना पड़ेगा (और Exceptions) 04:22 Due Date & Last Chance: 31 December 2025 तक Revised Return से FA Report करें 04:55 ITR में Schedule FA Practically कैसे भरें (Categories, Basic Details, Values, DTAA Credit) 05:25 Yearly vs Monthly Compliance; GST Returns जैसी Monthly Compliance का बोझ 06:00 Compliance Automation Software Demo: GSTR-1 Report, Errors & Reconciliation 06:32 Automation से Time Save, Error कम और Monthly Compliance आसान #letsgodigital #foreignassetdisclosure #itr
