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

Last updated: 24 July 2024

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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