Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Definition of 'Undisclosed Foreign Income and Asset' per Sections 2(12), 4, and 5 of Black Money Act 2015.</h1> 'Undisclosed Foreign Income and Asset' under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, refers to the total amount of undisclosed income from sources outside India and the value of undisclosed assets located outside India. This is defined in Section 2(12) and calculated as per the guidelines in Sections 4 and 5 of the Act.