An Indian investor disclosed foreign shares but not the associated dividend income, assuming it was taxed in the US. The ₹20 lakh threshold for penalty under the Black Money Act pertains to foreign assets, not income. What can be done to mitigate penalties?
​An Indian investor disclosed foreign shares but not the associated dividend income, assuming it was taxed in the US. The ₹20 lakh threshold for penalty under the Black Money Act pertains to foreign assets, not income. What can be done to mitigate penalties? by Soban News (international And National News)
