Chapter IV — Penalties
Section 43 — Penalty for failure to furnish in return of income, an information or furnish inaccurate particulars about an asset (including financial interest in any entity) located outside India
Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 · Preview
If any person, being a resident other than not ordinarily resident in India within the meaning of clause (6) of section 6 of the Income-tax Act, who has furnished the return of income for any…