Four questions about a foreign asset you never put in Schedule FA tell you whether you owe a flat Rs 1,00,000 or 60% of value. Runs in your browser. No upload.
₹1 lakh or ₹24 lakh on the same ₹40 lakh holding. Four questions decide which — find out before you open the portal.
v3.1 — cross-link to the live AEOI line triage.
AI tools for chartered accountants
by CA Karan Gupta
₹1 lakh or ₹24 lakh on the same ₹40 lakh holding. Four questions decide which — find out before you open the portal.
Last statutory update: 29 Sept 2026 — v3.1 — cross-link to the live AEOI line triage.
Read the note: FAST-DS 2026: four questions decide ₹1 lakh or 60% of the asset
Foreign Assets of Small Taxpayers – Disclosure Scheme, 2026 (FAST-DS): Finance Act 2026 Chapter IV ss.130–144; Rules by Notification 114/2026 dated 14 August 2026; window 16 August 2026 to 31 December 2026; valuation date 31 March 2026. Category A is undisclosed and unexplained; Category B is explained but unreported. Caps (₹1 crore / ₹5 crore) are tested separately. The per-declaration versus per-asset reading of the ₹1,00,000 Category B fee is shown as a range. Confirm the live portal before you file.
The workspace opens on tools.cakarangupta.com so site login and browser storage stay isolated. Print and local downloads work in the tool itself.
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