Forgot to Declare Foreign ESOPS in ITR - Will I be in trouble?

thethinker (Individual) (25 Points)

24 April 2024  

I had got some $300 worth of ESOP when I was working with my previous company and these ESOP value is worth $1000 as of today and the stock is based on USA. I got it in 2019

I had not mentioned about it in my ITR as I was unaware of it.

I read that there is a flat fine of 10 lakh Rs per year for not declaring foreign assets or holdings. This is huge fine. Am I in trouble?