https://www.taxtmi.com/news?id=24774 Undisclosed credits linked to India in the Panama, Paradise and Pandora document leaks have prompted enforcement under the Income Tax Act, 1961 and the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, including searches, seizures, assessments, penalties and criminal prosecution where applicable. A Multi Agency Group convened by the central tax board, with enforcement, central bank, financial intelligence and tax research members, coordinates investigation and follow up. en-us Tue, 07 Dec 2021 18:19:00 +0530 Tue, 07 Dec 2021 18:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24774 Undisclosed credits linked to India in the Panama, Paradise and Pandora document leaks have prompted enforcement under the Income Tax Act, 1961 and the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, including searches, seizures, assessments, penalties and criminal prosecution where applicable. A Multi Agency Group convened by the central tax board, with enforcement, central bank, financial intelligence and tax research members, coordinates investigation and follow up. News - Tue, 07 Dec 2021 18:19:00 +0530 https://www.taxtmi.com/news?id=24774