Notification S.O. 434(E), dated 11th December, 2017 [N12-J53]
As at 7 September 2026. In force from 11 December 2017.
S.O. 434(E).—In exercise of the powers conferred by section 10 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (22 of 2015), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts persons responsible for paying whose the carrying on of business or profession does not exceed ten thousand rupees in value in a financial year from the provisions of section 4 of the said Act, subject to the condition that every such person shall intimate the Board in writing of the commencement of the carrying on of business or profession within thirty days of such commencement.
Made under
Recital: "In exercise of the powers conferred by section 10 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (22 of 2015), the Central Government, being satisfied that it is necessary in the public interest so to do". Names section 10 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (22 of 2015) [S26-YV6]. Vires verified.
Acts on (1)
Exempts Section 4, Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 [S26-YNT], 11 December 2017. "section 4 of the said Act".
Acted on by (0)
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Not held (0)
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