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The Income Tax Department has just proposed a change, which can be a huge problem for NRIs around the world... There is a new Clause 422 that has been added in the Income Tax Bill 2025 by which the tax department can attach and freeze your bank account, your rental earnings, and even your immovable property in India in case there is any tax demand outstanding in your name in India... Earlier, the person would get a Notice say 6 months after filing the ITR... then they would upload the proof on t
The Income Tax Department has just proposed a change, which can be a huge problem for NRIs around the world... There is a new Clause 422 that has been added in the Income Tax Bill 2025 by which the tax department can attach and freeze your bank account, your rental earnings, and even your immovable property in India in case there is any tax demand outstanding in your name in India... Earlier, the person would get a Notice say 6 months after filing the ITR... then they would upload the proof on t
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