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Can you explain the revised ITR and its acceptance for visa applications in Australia and New Zealand?

23 Jun 2026 · Answered by Arati Rai · 1 min read
Arati Rai
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Yes, both Australia and New Zealand require proof of financial stability for student visa applications, and Income Tax Returns (ITRs) are a key part of this.

- Australia: As of Jan 2026, Indian applicants face stricter checks (Evidence Level 3). Sponsors should show ITRs reflecting an annual income of ₹12 - 15 lakh for at least the past 2 - 3 years.
- New Zealand: Sponsors should show ITRs with an annual income of ₹7 - 10 lakh over the last 2 - 3 years.

Funds must be clearly sourced and documented - acceptable sources include savings, fixed deposits, business, or agricultural income (with proof). ITRs should cover consecutive years to show financial consistency.

Visa requirements are subject to change. If you need help preparing your documents, contact your LeapScholar counsellor.

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