The Income Tax Department's e-campaign aims to remind taxpayers of their obligation to disclose foreign assets and income reported under CRS and FATCA.
Understanding CRS & FATCA, A. Purpose of CRS and FATCA, B. Information Received by India, C. Disclosure Requirements under Indian Law, D. Benefits of Transparency in Tax Returns, E. Opportunity to File Revised Returns,
About 405/406 IPC
Section 405/406 of the Indian Penal Code (IPC) deals with the punishment for criminal breach of trust, In the Bharatiya Nyaya Sanhita (BNS) 2023, the equivalent of IPC 406 is Section 316 which pertains to the offense of "criminal breach of trust":
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