Tag: AIS Foreign Assets

Income Tax Notifications & Order IT

Foreign Assets Now Appear in Your AIS: How to Reconcile AEOI Data and Schedule FA Before Filing AY 2026-27 (CBDT Order Dated 8 July 2026)

CA Adityavikram Banka

CBDT’s 8 July 2026 order shows foreign-asset AEOI data in your AIS. Reconcile Schedule FA before filing AY 2026-27 to avoid the Rs 10 lakh Black Money Act penalty.