Section 115 Bbe

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I-T Act's section 115BBE tweaks won't complicate structure: Pro

Moving a step closer to government is planning to move an amendment to Section 115 BBE of the Income Tax Act that deals with taxing unexplained income.
Govt moves to allow permanent window to tax ill-gotten cash:Srcs

The proposed amendment is likely to increase the tax rate from 30 percent to close to 60 percent. The I-T department has also proposed to add powers to confiscate and prosecute.

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Section 115 Bbe

I-T Act's section 115BBE tweaks won't complicate structure: Pro

Govt moves to allow permanent window to tax ill-gotten cash:Srcs