Budget 2024-25: Black Money Act Liabilities to be Settled Against Seized Assets from October 2024

Last updated: 24 July 2024 Follow on Google News

Adjusting liability under Black Money Act, 2015 against seized assets Section 132B of the Act in its existing form provides that any existing liability under the Income-tax Act, 1961, the Wealth-tax Act, 1957(27 of 1957), the Expenditure-tax Act, 1987 (35 of 1987), the Gift-tax Act, 1958 (18 of 195

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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