ROR has to report foreign assets in the ITR
Under the India Income tax (IT) law, there is a requirement to report all foreign assets in the ITR if the individual qualifies as ‘resident and ordinarily resident’(ROR) of India during the relevant financial year
My son is a non-resident indian. He is thinking of buying a house in his resident country. Is it necessary for him to show it in his Income Tax Return (ITR) here?