Tag: black money

No Relief In ₹10l Tax Fine For Not Disclosing Foreign Assets
Posted in Finance

No Relief In ₹10l Tax Fine For Not Disclosing Foreign Assets

Mumbai: Income tax authorities are increasingly issuing show-cause notices seeking explanations on foreign investments not disclosed in ‘schedule-FA’ in tax returns. A recent order of…

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Posted in Economy

black money: Flurry of I-T orders under Black Money law to beat March 31 Deadline

Several orders for violating the black money law were released in the run-up to March 31 as the Income Tax (I-T) office rushed to beat…

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black money law: Tax demands of Rs 13,566 crore raised in four fiscals under black money law: MoS Finance
Posted in Economy

black money law: Tax demands of Rs 13,566 crore raised in four fiscals under black money law: MoS Finance

The income tax department raised tax demands amounting to Rs 13,566 crore during the last four financial years under the black money law to deal…

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