Disclosed the undisclosed foreign income and assets till 30th September and avoid the prosecution

[TO BE PUBLISHED IN THE GAZETTE OF
INDIA,EXTRAORDINARY, PART II,SECTION

3, SUB-SECTION (ii)]

 GOVERNMENT
OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)

 New Delhi, the 1st July, 2015

 

NOTIFICATION

 

S.O.1791(E).- In
exercise of the powers conferred by section 59 and sub-section (1) of section
63 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of
Tax Act, 2015 (22 of 2015), the Central Government hereby appoints —

 

 (i)                
the 30thday of September, 2015 as the date on or
before which a person may make a declaration in respect of an undisclosed asset
located outside India;

 

(ii)             
the 31st day of December, 2015 as the date on or
before which a person shall pay the tax and penalty in respect of the
undisclosed asset located outside India so declared,under the provisions of section 59 of the said Act.  

 

 [Notification
no. 57/2015, F.No. 133/33/2015-TPL] 

(Amit Katoch) Under
Secretary to the Government of India

 

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