Tax clearance requirement now includes Black Money Act liabilities for departing residents, extending certificate scope under income-tax rules. The proviso to section 230(1A) of the Income-tax Act is amended to include liabilities under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, so that persons domiciled in India must obtain a certificate stating no liabilities under that Act or make satisfactory arrangements for payment when required to secure leave to depart.
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Provisions expressly mentioned in the judgment/order text.
Tax clearance requirement now includes Black Money Act liabilities for departing residents, extending certificate scope under income-tax rules.
The proviso to section 230(1A) of the Income-tax Act is amended to include liabilities under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, so that persons domiciled in India must obtain a certificate stating no liabilities under that Act or make satisfactory arrangements for payment when required to secure leave to depart.
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