Section 66 – Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015

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.

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CA Bhuvnesh Goyal Partner
CA Bhuvnesh Goyal is a Chartered Accountant with expertise in taxation, finance, and business compliance. He shares practical insights to help readers navigate complex financial matters with ease.