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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Undisclosed foreign assets must have tax and penalty paid and proof filed by notified date or declaration void. Tax and penalty for undisclosed assets outside India must be paid by the date notified by the Central Government, and the declarant must file proof of payment with the Principal Commissioner or Commissioner before whom the declaration was made; failure to pay by that date renders the declaration deemed never to have been made.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Undisclosed foreign assets must have tax and penalty paid and proof filed by notified date or declaration void.
Tax and penalty for undisclosed assets outside India must be paid by the date notified by the Central Government, and the declarant must file proof of payment with the Principal Commissioner or Commissioner before whom the declaration was made; failure to pay by that date renders the declaration deemed never to have been made.
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