Black Money, Undisclosed Foreign Income & Assets Law & Practice

Description

Chapter 1       Introduction

Chapter 2       Scope of Total Undisclosed Foreign Income and Asset and its Computation

Chapter 3       Tax Authorities

Chapter 4       Assessment

Chapter 5       Appeals and Revision

Chapter 6       Recovery of Tax

Chapter 7       Interest payable by assessee

Chapter 8       Penalties

Chapter 9       Offences and Prosecutions

Chapter 10     Tax Compliance for Undisclosed Foreign Income and Assets

Chapter 11     The Foreign Assets of Small Taxpayers (FAST) Disclosure Scheme, 2026

Chapter 11A  Provisions of the Foreign Assets of Small Taxpayers (FAST) Disclosure Scheme, 2026 explained in Tabular Format

Chapter 12     General Provisions of Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015

Chapter 13     Enhancing Tax Transparency on Foreign Assets & Income: Understanding CRS & FATCA

Chapter 14     Practical Aspects on the Disclosure of Financial Assets & Foreign Source Income

Appendix 1    Judicial Decisions on Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015

Appendix 2    Relevant Circulars Issued under Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015

Appendix 3    Notifications on Black Money

Appendix 4    Relevant Forms

Appendix 5    Forms Prescribed under ‘The Foreign Assets of Small Taxpayers (FAST) Disclosure Scheme, 2026’

Appendix 6    Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015

Appendix 7    Black Money Recovered by Government Agencies