CBDT Opens One-Time Window For Small Taxpayers To Disclose Undisclosed Foreign Assets
GUWAHATI: The Central Board of Direct Taxes (CBDT) has opened a one-time disclosure window for eligible taxpayers to declare certain undisclosed foreign assets, undisclosed foreign income or undeclared foreign assets and secure immunity from further tax or penalty and prosecution under the Black Money Act, 2015, subject to the conditions of the scheme. The Foreign…