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Case law › BMA 2015 s.42

BMA 2015 s.42

Authorities that bear on section BMA 2015 s.42. Each one tells you what it decided and what to do if it applies to you.

BMA 2015 s.42 — the law in short

What the courts have decided on section BMA 2015 s.42, in one screen. Read this first; open an entry when you need the facts, the reasoning and the source.

Listed strongest first: Supreme Court, then High Court, then Tribunal, then CBDT. Nothing here has yet been read in full by a chartered accountant — open an entry to see where it came from.

BMA 2015 s.42 — 1 entry

Explained in this library

What bma 2015 s.42 does, in plain English, before you read what the courts made of it.

The penalty section in its own words, and when the Rs 20 lakh relief starts

I want to quote the Black Money Act penalty section and its proviso in a reply. What is the exact wording, from when did the higher threshold apply, and who does the section reach?

Valuing the foreign asset for the Rs 20 lakh threshold, and the date nobody fixes

The whole threshold argument turns on what the foreign assets are worth. Which date, which rate of exchange, and are the securities taken at market value?