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Govt launches e-filing link to declare illegal assets

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online tradeThe Income Tax department has launched a e-filing link on its official website for declaring illegal foreign assets and black money using the one-time compliance window notified recently by government.

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The link can be accessed on the official e-filing portal of the department – https://incometaxindiaefiling.gov.in.

The three-month compliance window was notified beginning July 1. The tax and penalty on such declared assets or funds can be paid till December 31.

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