alleryStart learning →Who can use the one-time disclosure opportunity under the Black Money Act?
AAny foreign national
BOnly companies
CAny person abroad
DIndian residents
Answer & Solution
Correct answer: D. Indian residents
The goal is to bring back assets held abroad, so the opportunity is open to Indian residents.
Keep practising Permanent Account Number
Browse all Permanent Account Number questions for CA Final, or explore more Taxation topics.
Related questions
When a new-series PAN is allotted under section 139A(4), the earlier PANUnder section 139A(5)(d), a PAN holder must intimate the Assessing Officer of a change inUnder section 139A(5-A), a person whose income is taxed at source must give PAN toUnder section 139A(1-A), the Central Government may notify classes of persons such asA person audited under another law avoids a second audit only if a CA report is also furniThe higher Rs 10 crore turnover limit for tax audit is available toThe forms for the section 44AB audit report are prescribed under which rule of the Income Form 3CD in a tax audit serves as the