Section 66 - Tax in respect of voluntarily disclosed asset not refundable.
Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 Chapter VI TAX COMPLIANCE FOR UNDISCLOSED FOREIGN INCOME AND ASSETS
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Non refundability of tax on voluntary disclosure prevents refund of taxes or penalties after declaring undisclosed foreign assets. Non refundability of taxes and penalties follows a voluntary declaration of undisclosed foreign income or assets; taxes paid and penalties levied under ... Summary
Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015
Non refundability of tax on voluntary disclosure prevents refund of taxes or penalties after declaring undisclosed foreign assets.
Non refundability of taxes and penalties follows a voluntary declaration of undisclosed foreign income or assets; taxes paid and penalties levied under the declaration procedure are final and not subject to refund.
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