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<h1>Declare Undisclosed Foreign Income: Section 62 Limits to One Submission Per Person; Must Follow Specific Guidelines</h1> Section 62 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 outlines the procedure for making a declaration of undisclosed foreign income and assets. The declaration must be submitted to the Principal Commissioner or Commissioner in a prescribed form and manner. It should be signed by the individual, or an authorized representative if the individual is absent or incapacitated. For entities like Hindu undivided families, companies, firms, or associations, the declaration must be signed by the appropriate representative, such as the karta, managing director, managing partner, or principal officer. A person can make only one declaration under this section, and any additional declarations are void.