{"id":1617,"date":"2025-08-26","guid":{"rendered":"https:\/\/APNOKACA.com\/blog\/?p=105601"},"modified":"2025-08-26","slug":"cbdt-instruction-no-01-2025-black-money-act-update-for-minor-foreign-assets","status":"publish","type":"post","link":"https:\/\/APNOKACA.com\/blog\/cbdt-instruction-no-01-2025-black-money-act-update-for-minor-foreign-assets","title":{"rendered":"CBDT Instruction No. 01\/2025 \u2013 Black Money Act Update for Minor Foreign Assets"},"content":{"rendered":"\n
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<\/i> Income tax <\/a>

CBDT Instruction No. 01\/2025 – Black Money Act Update for Minor Foreign Assets <\/h1> <\/div>

The CBDT has issued Instruction No. 01\/2025 on 18 August 2025, aligning its policy with the Finance (No. 2) Act, 2024. This update ensures that prosecution under Sections 49 and 50 of the Black Money Act will not be initiated for undisclosed non-immovable foreign assets valued up to ₹20 lakh. The move offers relief to genuine taxpayers, prevents harsh action for minor errors, and focuses enforcement on serious non-compliance cases. <\/p>

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<\/div> Krishna Gopal Varshney <\/a>

An editor at Myitronline<\/p> <\/div>