Made any of these 5 transactions? It is compulsory to file an ITR

Having foreign assets, income, or signing authority in overseas accounts also requires mandatory ITR filing. Residents must disclose such details to maintain transparency with the tax authorities and comply with regulations. Any dividends received from foreign shares are taxable. Also, taxpayers have to report details related to their foreign shares, securities, accounts, etc, in the schedule FA (foreign assets) in ITR.