Black Money, Undisclosed Foreign Income & Assets Law & Practice

by Adv.(Dr.) Ravi Gupta & CA(Dr.) Arun Ahuja

Contents at a glance

Bharat?	5
Preface	7
Detailed Contents	11
Chapter 1 Introduction	1
Chapter 2 Scope of Total Undisclosed Foreign Income and Asset and its Computation	35
Chapter 3 Tax Authorities	54
Chapter 4 Assessment	64
Chapter 5 Appeals and Revision	80
Chapter 6 Recovery of Tax	128
Chapter 7 Interest payable by assessee	178
Chapter 8 Penalties	189
Chapter 9 Offences and Prosecutions	202
Chapter 10 Tax Compliance for Undisclosed Foreign Income and Assets	217
Chapter 11 The Foreign Assets of Small Taxpayers (FAST)Disclosure Scheme, 2026	224
Chapter 11A Provisions of the Foreign Assets of Small Taxpayers (FAST) Disclosure Scheme, 2026 explained in Tabular Format	256
Chapter 12 General Provisions of Black Money(Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015	270
Chapter 13 Enhancing Tax Transparency on Foreign Assets & Income: Understanding CRS & FATCA	299
Chapter 14 Practical Aspects on the Disclosure of Financial Assets & Foreign Source Income	314
Appendix 1 Judicial Decisions on Black Money(Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015	337
Appendix 2 Relevant Circulars Issued under Black Money(Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015	341
Appendix 3 Notifications on Black Money	375
Appendix 4 Relevant Forms	395
Appendix 5 Forms Prescribed under 'The Foreign Assets of Small Taxpayers (FAST) Disclosure Scheme,2026'	416
Appendix 6 Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015	430
Appendix 7 Black Money Recovered by Government Agencies	481