Overseas financial account information will now be included in taxpayers' Form 26AS. This move will allow taxpayers to view their foreign financial data with the Income Tax Department. It helps reconcile overseas income and assets with tax filings effectively. The CBDT has directed the Director General of Income-tax (Systems) to upload this information. Information relating to 2022, 2023, and 2024 will be uploaded within ninety days.

CBDT allows foreign financial information under tax treaties to be included in AIS and Form 26AS for better tax compliance.

Good news for taxpayers with foreign asset, income: AIS to soon show foreign asset, income details shared by foreign countries to India