This book is a complete guide to all matters pertaining to the law and critical issues relating to Black Money (Undisclosed Foreign Income and Assets) and the Imposition of Tax Act 2015 (Black Money Act).
The Present Publication is the Latest Edition, authored by Dr. Raj K. Agarwal & Dr. Rakesh Gupta, and amended by the Finance Act 2022. The book features discussion on the following topics:
• [Why a Separate Law] has been enacted for Undisclosed Foreign Income and Assets
• [Applicability & Scope] of Black Money Act
• [Obligations of Ordinarily Resident] in cases of foreign income and assets
• [Critical Analysis] of the following:
o Assessment & Re-assessment of undisclosed foreign income and assets
o Penalties & Prosecution for offences
• [Detailed Analysis of Valuation Rules] under Black Money Act
• [Analysis of Case Laws] relating to Black Money Act
