CBDT Report Highlights Need to Address Repeat Penalties for Undisclosed Foreign Assets

Last updated: 28 November 2024

A group of income-tax officials has submitted a detailed report to the Central Board of Direct Taxes (CBDT), recommending significant changes to enhance the enforcement of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. The suggestions focus on rationalising

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Category Income Tax   Report

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