TaxTMI 
TaxTMI 
TaxTMI 
Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015
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....lack Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015<br> Query (Issue) Started By: - anil goenka Dated:- 26-7-2015 Income Tax<br>Income Tax<br>I want to draw the views fr....
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....om expert regarding Black Money (UFIA) & the one time scheme to clear their past transactions to pay 30% as tax & 30% as penalty, disclosed by 30 sep & paid by 31 Dec. Now if someone had accounts in....
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.... foreign country which was not disclosed in India, is also eligible to avail the scheme. But at the time of bringing back the cash the dollar rate was 35 rupees & in this scheme the required to pay ....
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....tax when the dollar rate is near to 63. Is it justified ? In such cases how an individual can avail the benefit ? And at present if he has no any unaccounted money , in that case how he can clean up....
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.... them self. And what about the rest of 40% , whether the amount became taxpaid & simply the tax payer required to deposit the rest 40% in bank as show as tax paid amount. Pls discuss the issue Reg....
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.... CA Sushil Kumar [email protected] 9830202248<br> Discussion Forum - Knowledge Sharing ....