CBDT notifies dates for declaration of undisclosed asset located outside India and for Tax Payment

By TG Team Income Tax Notifications , Notifications/Circulars July 1, 2015

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

NOTIFICATION NO. 57/2015

Dated- 1^st July, 2015

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 30^th day 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 31^st 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.

[F.No. 133/33/2015-TPL]

(Amit Katoch)

Under Secretary to the Government of India