Kumari Palany & Co

Income Tax Department announces New facility to report on black money!

Posted on: 21/Jul/2015 5:43:39 PM
Income Tax Department has introduced the facility to report on black money such as properties/assets in foreign countries, unaccounted money, etc.


Using form 6, details of unaccounted money and assets abroad can be furnished.

The central government has set the deadline of 30th September for people to present this report on their self-initiative.

Details of black money found after the deadline will be deal with legal actions as per the central government notification.