Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Rules, 2015 - Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Rules, 2015
Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Rules, 2015 - Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Rules, 2015
Rounding rules for undisclosed foreign income and assets require amounts be rounded to prescribed multiples and paise treated accordingly. Amounts of undisclosed foreign income, value of assets and any payable or receivable sums must be rounded to the nearest prescribed multiple of one ... Summary
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Rounding rules for undisclosed foreign income and assets require amounts be rounded to prescribed multiples and paise treated accordingly.
Amounts of undisclosed foreign income, value of assets and any payable or receivable sums must be rounded to the nearest prescribed multiple of one hundred rupees or ten rupees, and paise equal to or above fifty are increased to one rupee while paise below fifty are ignored.
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