Taxalertindia
under the Income-tax Act be availed in respect of such assets? Answer: All the provisions of the Income-tax Act shall be applicable in respect of those assets. Since the person was a resident in the year in which he had acquired foreign assets (which were undisclosed) out of income chargeable to tax in India, he is eligible to file a declaration under section 59 in respect of those assets under Chapter VI of the Act
supermerlion * asian sub-culture, lifestyle and travel
With the rest of the authors now moving on to other things and having to balance both work and school on my end, it has been hard finding time to update this site, or even any new content to. On the front end, the site will be seeing some updates finally, in the form of some new travel journals in the weeks to come, so do look forward to that
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