Black Money Act amendment: Central Boards of Revenue Act list updated to include undisclosed foreign income legislation. Section 2 of the Central Boards of Revenue Act, 1963 is amended by omitting the terminal conjunction in item (vii) of clause (c)(1) and inserting a new item expressly listing the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 as an additional entry in the enumerated statutory list.
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Black Money Act amendment: Central Boards of Revenue Act list updated to include undisclosed foreign income legislation.
Section 2 of the Central Boards of Revenue Act, 1963 is amended by omitting the terminal conjunction in item (vii) of clause (c)(1) and inserting a new item expressly listing the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 as an additional entry in the enumerated statutory list.
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