Chapter VI — Tax Compliance For Undisclosed Foreign Income And Assets

Section 64 — Undisclosed foreign asset declared not to be included in total income

Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 · Preview

The amount of undisclosed investment in an asset located outside India declared in accordance with section 59 shall not be included in the total income of the declarant for any assessment year…