Joey ka tax mashwara: ITR galat to switch karo abhi!

Arre suno! Taxpayers jo jaldi filing kar chuke hain, unhe apne foreign assets ka report karna hai kyunki ITR-1 aur ITR-4 mein overseas ka section nahi hai. Income Tax Department keh raha hai, ITR-2 ya ITR-3 mein switch karo, warna penalties ka khauf hai! Toh bhai, form badlo aur chill maaro, samjhe?

Quick rundown

Early filers face issues updating foreign assets in tax returns.
ITR-1 and ITR-4 forms lack sections for foreign asset disclosure.
Switch to ITR-2 or ITR-3 for accurate foreign income reporting.
NUDGE 2.0 campaign encourages checking and correcting tax disclosures.
Ensure compliance by December 31, 2025, to avoid penalties.

Listen up: 25,000 ITR alerts, file by Dec 31, believe it!
Tax paid? NUDGE won’t save you from PMLA FEMA, HNIs!
CBDT's NUDGE: Time to Tame Your Foreign Assets, People
Income Tax Act 2025: The Tax Revolution Is Coming!
2026 Tax Overhaul: CBDT Promises Simplified Returns, Believe Me!

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