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CBDT Authorises DGIT (Systems) to Upload Foreign Account Information in Form 168 within 90 Days
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Central Board of Direct Taxestax

CBDT Authorises DGIT (Systems) to Upload Foreign Account Information in Form 168 within 90 Days

July 11, 2026

The CBDT has authorized the DGIT (Systems) to manage the timely upload of foreign account information, streamlining compliance for taxpayers.

CBDT Authorises DGIT (Systems) to Upload Foreign Account Information

The Central Board of Direct Taxes (CBDT) has officially authorized the Directorate General of Income Tax (Systems) to upload foreign account information under the Automatic Exchange of Information (AEOI) framework in Form 168. This update must be completed within 90 days following the fiscal year, ensuring timely compliance for stakeholders.

Form 168 is updated as TDS/TCS returns, SFT statements, and other tax payments are processed. The initiative aims to enhance transparency and compliance by streamlining foreign income reporting protocols.

Tax practitioners must prepare for these uploads as they will facilitate better monitoring of foreign income reports, reducing compliance burdens and improving adherence to international regulations.

Practice Areas:tax

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