https://www.taxtmi.com/acts?id=19897 The Assessing Officer may direct that where tax has been computed in respect of undisclosed foreign income and assets, the assessee shall pay, by way of penalty and in addition to tax, a sum equal to three times the tax computed under the relevant tax-computation provision. en-us Fri, 03 Jul 2015 18:16:10 +0530 Wed, 05 Nov 2025 16:35:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19897 The Assessing Officer may direct that where tax has been computed in respect of undisclosed foreign income and assets, the assessee shall pay, by way of penalty and in addition to tax, a sum equal to three times the tax computed under the relevant tax-computation provision. Act-Rules Direct Taxes Fri, 03 Jul 2015 18:16:10 +0530 https://www.taxtmi.com/acts?id=19897