The BLACK MONEY (UNDISCLOSED FOREIGN INCOMEAND ASSETS) AND IMPOSITION OF TAX ACT, 2015

TAX COMPLIANCE FOR UNDISCLOSED FOREIGN INCOME AND ASSETS

Section 68: Declaration by misrepresentation of facts to be void.

Notwithstanding anything contained in this Chapter, where a declaration has been made by misrepresentation or suppression of facts, such declaration shall be void and shall be deemed never to have been made under this Chapter.