CG notified 30-09-2015 & 31-12-2015 as the dates for make a declaration in respect of an undisclosed asset located outside India and to pay the tax and penalty in respect of the undisclosed asset located outside India so declared, respectively. - 57/2015 - Income Tax
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Declaration deadline for undisclosed foreign assets established; subsequent mandatory tax and penalty payment deadline specified under the Act. Appointment of statutory deadlines under the Black Money Act prescribes a final date by which a person may declare an undisclosed asset located outside India and a subsequent final date by which the declarant must pay the tax and penalty due in respect of that declared undisclosed foreign asset.
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.
Declaration deadline for undisclosed foreign assets established; subsequent mandatory tax and penalty payment deadline specified under the Act.
Appointment of statutory deadlines under the Black Money Act prescribes a final date by which a person may declare an undisclosed asset located outside India and a subsequent final date by which the declarant must pay the tax and penalty due in respect of that declared undisclosed foreign asset.
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