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CBDT issues a circular clarifying another set of 27 queries relating to tax compliance provision under Chapter VI of the Black Money Act
September, 07th 2015
                                                                                "15"
                                                                           pib.nic.in

                            PRESS INFORMATION BUREAU
                              GOVERNMENT OF INDIA
                                       ***


 CBDT ISSUES A CIRCULAR CLARIFYING ANOTHER SET OF 27 QUERIES
RELATINGA TO TAX COMPLIANCE PROVISION UNDER CHAPTER VI OF THE
                      BLACK MONEY ACT

                                                       New Delhi, September 3, 2015
                                                              Bhadrapada 12, 1937

    The Central Board of Direct Taxes (CBDT) has considered the queries received
from the public about the tax compliance provisions under Chapter-VI of the Black
Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015
(`Black Money Act') and issued a Circular here today clarifying another set of 27
queries. The Circular is available on the website of the Income-tax Department at
www.incometaxindia.gov.in. Earlier the Board had issued a Circular on 6th July, 2015
clarifying 32 queries regarding tax compliance provision under the said Act..




   The Black Money Act has introduced a tax compliance provision under Chapter-
VI of the Act. The Black Money (Undisclosed Foreign Income and Assets) and
Imposition of Tax Rules, 2015 (the Rules) were also notified vide Notification no.
G.S.R. 529 (E) dated 2nd July, 2015.

                                     *******

DSM/KA



 
 
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