The black money (undisclosed foreign income and assets) and imposition of tax act, 2015 is a brand new law brought in by the government to bring back indian residents’ undisclosed assets lying outside india. it provides a one time compliance scheme for tax payers to come forward and declare such assets; and also ushers in a set of harsh provisions from 1st april 2016 with regard to undisclosed foreign incomes or assets. the provisions are fraught with uncertainties and the faqs do not provide required clarity. the authors have dealt with the subject in-depth and clarified clause-wise on various issues regarding the act; the compliance opportunity; the consequences and the applicability.
|Publisher||TAXMANN PUBLICATIONS PVT. LTD.|
|Publication Year||2015 Edition|
|Number of pages||416|
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Black Money Act - An Analysis (BCAS) ?