Penalty in relation to undisclosed foreign income and asset.

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..... CHAPTER IV PENALTIES Penalty in relation to undisclosed foreign income and asset. 41. The Assessing Officer may, direct that, in a case where tax has been computed under section 10 in .....

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..... lause 10 in respect of undisclosed foreign income and asset, the assessee shall pay by way of penalty, in addition to tax, if any, payable by him, a sum equal to three times the tax computed under tha .....

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