Section 66:
Tax in respect of voluntarily disclosed asset not refundable.
Any amount of tax paid under
section 60 or penalty paid under section 61 in pursuance of a declaration made under section 59 shall not
be refundable.
22/2015 - The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 ▶
Act Number: 22
Act Name: The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015
Year: 2015
Enactment Date: 2015-05-26
Long Title: An Act to make provisions to deal with the problem of the Black money that is undisclosed foreign income and assets, the procedure for dealing with such income and assets and to provide for imposition of tax on any undisclosed foreign income and asset held outside India and for matters connected therewith or incidental thereto.
Ministry: Ministry of Finance
Department: Department of Revenue