Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015

Power to make rules.

85. (1) The Board may, subject to the approval of the Central Government, by notification in the Official Gazette, make rules for carrying out the provisions of this Act.

(2) In particular, and without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters namely,—

(a) the manner of determination of the value of an undisclosed foreign asset referred to in sub-section (2) of section 3;

(b) the tax authority to be prescribed for any of the purposes of this Act;

(c) the form and manner of service of a notice of demand under section 13;

(d) the form in which any appeal, revision or cross-objection may be filed under this Act, the manner in which they may be verified and the fee payable in respect thereof;

(e) the form in which the Tax Recovery Officer may draw up the statement of tax arrears under sub-section (1) of section 31;

(f) the manner in which the sum is to be paid to the credit of Central Government under sub-section (2) or sub-section (5) of section 32;

(g) the manner in which the Tax Recovery Officer shall send a certificate referred to in sub-section (2) of section 33;

(h) the form in which a declaration referred to in sub-section (1) of section 62 is to be made and the manner in which it is to be verified;

(i) the means of transmission of documents under clause (d) of sub-section (1) of section 74;

(j) the procedure for approval of a valuer by the Principal Commissioner or the Commissioner under section 77;

(k) the educational qualifications required, to be an authorised representative under clause (f) of sub-section (3) of section 78;

(l) the tax authority under clause (c) of sub-section (4) of section 78;

(m) the method of rounding off of the amount referred to in sub-section (1) or s .... To read the full section download the app from Google Play store