Law Relating to Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act 2015 4th Edtion 2025

Law Relating to Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (4th Edition, 2025) is a comprehensive and practice-oriented treatise on one of India’s most stringent tax enforcement laws. The book systematically explains the scope, applicability, and objectives of the Black Money Act, which targets undisclosed foreign income and overseas assets held by residents. This edition provides detailed commentary on charge of tax, valuation of undisclosed assets, procedural provisions, powers of authorities, penalties, and rigorous prosecution mechanisms. It also examines the interaction of the Black Money Act with the Income-tax Act, FEMA, and international information-exchange frameworks. Special attention is given to compliance obligations, reporting of foreign assets, search and seizure provisions, and the consequences of wilful non-disclosure. Updated with recent amendments, notifications, and relevant judicial precedents up to 2025, the book serves as a reliable reference for handling assessments, investigations, and litigation arising under the Black Money Act. Written in a clear and structured manner, it is indispensable for professionals dealing with international tax compliance and economic offences.