Authorities that bear on section BMA 2015 s.49. Each one tells you what it decided and what to do if it applies to you.
What the courts have decided on section BMA 2015 s.49, 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.
The notice proposes a penalty for leaving the foreign asset out of the return. Can they also prosecute me, and does answering the penalty concede anything on the substantive charge?
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?