LawgistThe Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act
67Declaration not admissible in evidence against declarant
Notwithstanding anything contained in any other law for the time being in force, nothing contained in any declaration made under section 59 shall be admissible in evidence against the declarant for the purpose of any proceeding relating to imposition of penalty, other than the penalty leviable under section 61, or for the purposes of prosecution under the Income-tax Act or the Wealth-tax Act, 1957 (27 of 1957) or the Foreign Exchange Management Act,1999 (42 of 1999) or the Companies Act, 2013 (18 of 2013) or the Customs Act, 1962 (52 of 1962) .
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TAX COMPLIANCE FOR UNDISCLOSED FOREIGN INCOME AND ASSETS
- 59 Declaration of undisclosed foreign asset
- 60 Charge of tax
- 61 Penalty
- 62 Manner of declaration
- 63 Time for payment of tax
- 64 Undisclosed foreign asset declared not to be included in total income
- 65 Undisclosed foreign asset declared not to affect finality of completed assessments
- 66 Tax in respect of voluntarily disclosed asset not refundable
- 67 Declaration not admissible in evidence against declarant
- 68 Declaration by misrepresentation of facts to be void
- 69 Exemption from wealth-tax in respect of assets specified in declaration
- 70 Applicability of certain provisions of Income-tax Act and of Chapter V of Wealth-tax Act
- 71 Chapter not to apply to certain persons
- 72 Removal of doubts
