"This new requirement is likely to become a big nuisance. Even if you have $10 in a bank account abroad, it has to be reported in the tax form," says Amarpal S Chadha, tax partner, Ernst & Young.
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| New rules of filing tax returns: What they mean for you Economic Times As the deadline for filing tax returns approaches, thousands of Indians who have worked abroad will be scrambling to gather the information required to be filled in the new tax forms. This year's budget had proposed that ... This is just one of the ... See all stories on this topic » |
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| New Filing Compliance Procedures for Non-Resident U.S. Taxpayers New Filing Compliance Procedures for Non-Resident U.S. Taxpayers ... have failed to timely file U.S. federal income tax returns or Reports of Foreign Bank and ... in accordance with U.S. federal tax laws based on a review of the submission. www.irs.gov/businesses/small/.../article/0,,id=256772,00.html | ||
| New rules of filing tax returns: What they mean for you - Page2 - The ... New rules of filing tax returns: What they mean for you ... an annual income of Rs 10 lakh and above will now have to compulsorily e-file the income tax return. economictimes.indiatimes.com/.../14530150.cms?... | ||
| New rules of filing tax returns: What they mean for you New rules of filing tax returns: What they mean for you ... conducted by ET Wealth last week said that they have under-reported their income quite a few times. economictimes.indiatimes.com/...of.../14530150.cms |
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