Taxpayers face severe penalties for failing to disclose foreign assets, even inadvertently. A Mumbai executive received a ₹40 lakh fine under the Black Money Act despite no income from his holdings.
Taxpayers face severe penalties for failing to disclose foreign assets, even inadvertently. A Mumbai executive received a ₹40 lakh fine under the Black Money Act despite no income from his holdings. by Soban News (international And National News)