Taxation of Black Money in India : Clarifications by CBDT on Tax Compliance for Undisclosed Foreign Income and Assets

Taxation of Black Money in India : Clarifications by CBDT on Tax Compliance for Undisclosed Foreign Income and Assets

The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (hereinafter referred to as ‘the Act’) has introduced a tax compliance provision under Chapter VI of the Act. The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Rules, … Continue Reading →