Answers On Topic: Foreign ESPP - Summon U/S 131(1A)
I have received a summon from IT India referring to undisclosed foreign assets or interest. It does not specify any assets in specific but only assets of such nature that I have is ESPP stocks. I left the company that gave me ESPP stock in year 2020 and missed declare ESPP stock for AY 21-22. How do I reply to summon? Can I correct the ITR for FY 21-22 before replying?
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