Amendments to Black Money Act 2015: Increased Penalty Threshold for Undisclosed Foreign Assets in ITR

Last updated: 29 July 2024

Amendments in section 42 and 43 of the Black Money Act, 2015 relating to penalty for failure to disclose foreign income and asset in the ITR Section 42 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (the Black Money Act) provides for penalty for failure t

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Category Union Budget   Report

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